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- Price_revolution abstract "The term price revolution refers to the relatively high rate of inflation that characterized the period from the first half of the 16th century to the first half of the 17th, across Western Europe, with prices on average rising perhaps sixfold over 150 years. This level of inflation amounts to 1-1.5% per year, a relatively low inflation rate for the 20th century standards, but rather high given the monetary policy in place in the 16th century.Generally it is thought that this high inflation was caused by the large influx of gold and silver from the Spanish treasure fleet from the New World, especially the silver of Bolivia and Mexico which began to be mined in large quantities from 1545 onward. According to this theory, too many people with too much money chased too few goods. Other accounts emphasize the role of urbanization which increased the velocity of money in circulation, or the increase in silver production within Europe itself, which took place at the end of the 15th and beginning of the 16th centuries.Demographic factors may have contributed to upward pressure on prices, with the revival (from around the third quarter of the 15th century) of European population growth after the century of depopulation and demographic stagnation that had followed the Black Death.[citation needed] The price of food rose sharply during epidemic years, then began to fall very rapidly as there were fewer mouths to feed.[citation needed] At the same time prices of manufactured goods tended to rise because of dislocation of supply.[citation needed] Later on, increased population placed greater demands on an agricultural area that had contracted significantly after the 1340s, or had been converted from arable to less intensive livestock production.[citation needed]The inflation of c.1520-1640 eventually petered out with the end of the initial rush of New World bullion, though prices remained around or slightly below the levels of the first half of the 17th century until the onset of new inflationary pressures in the latter decades of the 18th century.".
- Price_revolution wikiPageExternalLink UT-ECIPA-MUNRO-99-02.pdf.
- Price_revolution wikiPageExternalLink The%20Price%20Revolutiona.pdf.
- Price_revolution wikiPageID "42616".
- Price_revolution wikiPageRevisionID "568889920".
- Price_revolution hasPhotoCollection Price_revolution.
- Price_revolution subject Category:Economic_history.
- Price_revolution subject Category:Inflation.
- Price_revolution subject Category:Revolutions_by_type.
- Price_revolution comment "The term price revolution refers to the relatively high rate of inflation that characterized the period from the first half of the 16th century to the first half of the 17th, across Western Europe, with prices on average rising perhaps sixfold over 150 years.".
- Price_revolution label "Preisrevolution".
- Price_revolution label "Price revolution".
- Price_revolution label "Prijsrevolutie".
- Price_revolution label "Revolución de los precios".
- Price_revolution label "Revolução dos preços".
- Price_revolution label "Rivoluzione dei prezzi".
- Price_revolution label "Революция цен".
- Price_revolution label "価格革命".
- Price_revolution label "物價革命".
- Price_revolution sameAs Preisrevolution.
- Price_revolution sameAs Revolución_de_los_precios.
- Price_revolution sameAs Rivoluzione_dei_prezzi.
- Price_revolution sameAs 価格革命.
- Price_revolution sameAs Prijsrevolutie.
- Price_revolution sameAs Revolução_dos_preços.
- Price_revolution sameAs m.0bq0n.
- Price_revolution sameAs Q1066998.
- Price_revolution sameAs Q1066998.
- Price_revolution wasDerivedFrom Price_revolution?oldid=568889920.
- Price_revolution isPrimaryTopicOf Price_revolution.