ECONOMY IN THE 16TH CENTURY

by danielmendinueta

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ECONOMY IN THE 16TH CENTURYAgricultureExperiments with new crops of New WorldMaizePotatoThey neededManureAnimalsFodderPolicultivation was introduced during the 16th centuryAgricultural production increasedWine productionOlive cultivationRiceSugar caneSubsistence economyThe maize revolutionCultivated in AndalusiaBetter conditions in the Basque coastal region for its growthBy the middle of the 16th century the Basques were growing more maize tha weatThe wool tradeExported through the Basque ports to northern European buyersLa MestaA powerful and rich corporation of sheep ownerscontrolled the Castillian wool tradeIn Spain, especially Castille the most prosperous section of economy was in the woolEnjoyed royal privilegeA rapid growth in Europe of the cloth trade becausethe market increasedthe colonies demanded more clothesMerino wool had a high statusForestry and FishingCommon in all over Europe because peasants needed wood forfiremaking housesarmsanimal feedhuman consumitionFishing was an important source of foodBasquesfished close to the coastin the 16th century they travelled further to New foundland looking forcodwhale