POLSCI 369 Chapter pp. 128-141; 150-159; 290-295.: The Growth of the World Economy

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The growth of the world economy by cameron and neal. It continued to grow until at least the middle of the century: the basis of dutch commercial superiority were the so-(cid:272)alled (cid:862)(cid:373)othe(cid:396) t(cid:396)ades(cid:863, those connecting the dutch ports with others of the north sea, the baltic, the. It (cid:449)as a (cid:396)ea(cid:272)tio(cid:374) to a te(cid:373)po(cid:396)a(cid:396)(cid:455) situatio(cid:374), (cid:862)a hotchpotch of compromise (cid:271)et(cid:449)ee(cid:374) the effo(cid:396)ts of the quee(cid:374)"s (cid:272)ou(cid:374)(cid:272)ilo(cid:396)s a(cid:374)d (cid:374)u(cid:373)e(cid:396)ous a(cid:373)e(cid:374)d(cid:373)e(cid:374)ts o(cid:396)igi(cid:374)ati(cid:374)g i(cid:374) the house of co(cid:373)(cid:373)o(cid:374)s(cid:863) It required all able-bodied persons to engage in productive labor, with its first priority being agriculture, the second the cloth industry and then certain other crafts and industries deemed to be of national importance. It esta(cid:271)lished a (cid:374)o(cid:396)(cid:373) of se(cid:448)e(cid:374) (cid:455)ea(cid:396)s" app(cid:396)e(cid:374)ti(cid:272)eship fo(cid:396) all a(cid:396)ts a(cid:374)d (cid:272)(cid:396)afts, including farming, and specified the social ranks from which apprentices should be selected. In 1617 the government restored the monopoly of the merchant adventures, but commercial crisis continued.

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