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Price revolution

Index Price revolution

The price revolution, sometimes known as the Spanish Price Revolution, was a series of economic events that occurred between the second half of the 15th century and the first half of the 17th century, and most specifically to the high rate of inflation that occurred during this period across Western Europe. [1]

51 relations: Andalusia, Antwerp, Argos, Balance of payments, Basque Country (autonomous community), Black Death, Cádiz, Commodity money, Copper, Crown of Castile, Debasement, Duchy of Brabant, Dutch East India Company, Economic history of Europe, Eden Agreement, Elasticity (economics), European colonization of the Americas, Fineness, Gold, Great Bullion Famine, Henry VIII of England, Hidalgo (nobility), Inflation, Interest rate swap, Jean Bodin, Jean de Malestroit, Livestock, Maravedí, Marginal cost, Mercury (element), Naples, New Spain, New World, Philip III of Spain, Precious metal, Price index, Productivity, Protestantism, Purchasing power, Quantity theory of money, Renaissance, Republic of Genoa, School of Salamanca, Seville, Sicily, Silver, Spanish Empire, Spanish treasure fleet, Urbanization, Velocity of money, ..., Western Europe. Expand index (1 more) »

Andalusia

Andalusia (Andalucía) is an autonomous community in southern Spain.

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Antwerp

Antwerp (Antwerpen, Anvers) is a city in Belgium, and is the capital of Antwerp province in Flanders.

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Argos

Argos (Modern Greek: Άργος; Ancient Greek: Ἄργος) is a city in Argolis, the Peloponnese, Greece and is one of the oldest continuously inhabited cities in the world.

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Balance of payments

The balance of payments, also known as balance of international payments and abbreviated B.O.P. or BoP, of a country is the record of all economic transactions between the residents of the country and of the world in a particular period (over a quarter of a year or more commonly over a year).

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Basque Country (autonomous community)

The Basque Country (Euskadi; País Vasco; Pays Basque), officially the Basque Autonomous Community (Euskal Autonomia Erkidegoa, EAE; Comunidad Autónoma Vasca, CAV) is an autonomous community in northern Spain.

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Black Death

The Black Death, also known as the Great Plague, the Black Plague, or simply the Plague, was one of the most devastating pandemics in human history, resulting in the deaths of an estimated people in Eurasia and peaking in Europe from 1347 to 1351.

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Cádiz

Cádiz (see other pronunciations below) is a city and port in southwestern Spain.

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Commodity money

Commodity money is money whose value comes from a commodity of which it is made.

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Copper

Copper is a chemical element with symbol Cu (from cuprum) and atomic number 29.

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Crown of Castile

The Crown of Castile was a medieval state in the Iberian Peninsula that formed in 1230 as a result of the third and definitive union of the crowns and, some decades later, the parliaments of the kingdoms of Castile and León upon the accession of the then Castilian king, Ferdinand III, to the vacant Leonese throne. It continued to exist as a separate entity after the personal union in 1469 of the crowns of Castile and Aragon with the marriage of the Catholic Monarchs up to the promulgation of the Nueva Planta decrees by Philip V in 1715. The Indies, Islands and Mainland of the Ocean Sea were also a part of the Crown of Castile when transformed from lordships to kingdoms of the heirs of Castile in 1506, with the Treaty of Villafáfila, and upon the death of Ferdinand the Catholic. The title of "King of Castile" remained in use by the Habsburg rulers during the 16th and 17th centuries. Charles I was King of Aragon, Majorca, Valencia, and Sicily, and Count of Barcelona, Roussillon and Cerdagne, as well as King of Castile and León, 1516–1556. In the early 18th century, Philip of Bourbon won the War of the Spanish Succession and imposed unification policies over the Crown of Aragon, supporters of their enemies. This unified the Crown of Aragon and the Crown of Castile into the kingdom of Spain. Even though the Nueva Planta decrees did not formally abolish the Crown of Castile, the country of (Castile and Aragon) was called "Spain" by both contemporaries and historians. "King of Castile" also remains part of the full title of Felipe VI of Spain, the current King of Spain according to the Spanish constitution of 1978, in the sense of titles, not of states.

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Debasement

Debasement is the practice of lowering the value of currency.

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Duchy of Brabant

The Duchy of Brabant was a State of the Holy Roman Empire established in 1183.

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Dutch East India Company

The United East India Company, sometimes known as the United East Indies Company (Vereenigde Oostindische Compagnie; or Verenigde Oost-Indische Compagnie in modern spelling; abbreviated to VOC), better known to the English-speaking world as the Dutch East India Company or sometimes as the Dutch East Indies Company, was a multinational corporation that was founded in 1602 from a government-backed consolidation of several rival Dutch trading companies.

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Economic history of Europe

This article covers the Economic history of Europe from about 1000 AD to the present.

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Eden Agreement

The Eden Treaty was a treaty signed between Great Britain and France in 1786, named after the British negotiator William Eden, 1st Baron Auckland (1744–1814).

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Elasticity (economics)

In economics, elasticity is the measurement of how an economic variable responds to a change in another.

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European colonization of the Americas

The European colonization of the Americas describes the history of the settlement and establishment of control of the continents of the Americas by most of the naval powers of Europe.

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Fineness

The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of fine metal therein, in proportion to the total weight which includes alloying base metals and any impurities.

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Gold

Gold is a chemical element with symbol Au (from aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.

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Great Bullion Famine

The Great Bullion Famine was a shortage of precious metals that struck Europe in the 15th century, with the worst years of the Famine lasting from 1457 to 1464.

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Henry VIII of England

Henry VIII (28 June 1491 – 28 January 1547) was King of England from 1509 until his death.

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Hidalgo (nobility)

An hidalgo or a fidalgo is a member of the Spanish or Portuguese nobility; the feminine forms of the terms are hidalga, in Spanish, and fidalga, in Portuguese and Galician.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Interest rate swap

In finance, an interest rate swap (IRS) is an interest rate derivative (IRD).

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Jean Bodin

Jean Bodin (1530–1596) was a French jurist and political philosopher, member of the Parlement of Paris and professor of law in Toulouse.

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Jean de Malestroit

Jean de Malestroit was Bishop of the Roman Catholic Diocese of Nantes from 17 July 1419 until 1443 AD when he resigned, and he was a pseudo-cardinal, during the fifteenth century.

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Livestock

Livestock are domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool.

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Maravedí

The maravedí was the name of various Iberian coins of gold and then silver between the 11th and 14th centuries and the name of different Iberian accounting units between the 11th and 19th centuries.

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Marginal cost

In economics, marginal cost is the change in the opportunity cost that arises when the quantity produced is incremented by one unit, that is, it is the cost of producing one more unit of a good.

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Mercury (element)

Mercury is a chemical element with symbol Hg and atomic number 80.

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Naples

Naples (Napoli, Napule or; Neapolis; lit) is the regional capital of Campania and the third-largest municipality in Italy after Rome and Milan.

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New Spain

The Viceroyalty of New Spain (Virreinato de la Nueva España) was an integral territorial entity of the Spanish Empire, established by Habsburg Spain during the Spanish colonization of the Americas.

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New World

The New World is one of the names used for the majority of Earth's Western Hemisphere, specifically the Americas (including nearby islands such as those of the Caribbean and Bermuda).

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Philip III of Spain

Philip III (Felipe; 14 April 1578 – 31 March 1621) was King of Spain.

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Precious metal

A precious metal is a rare, naturally occurring metallic chemical element of high economic value.

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Price index

A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time.

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Productivity

Productivity describes various measures of the efficiency of production.

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Protestantism

Protestantism is the second largest form of Christianity with collectively more than 900 million adherents worldwide or nearly 40% of all Christians.

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Purchasing power

Purchasing power (sometimes retroactively called adjusted for inflation) is the number and quality or value of goods and services that can be purchased with a unit of currency.

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Quantity theory of money

In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply.

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Renaissance

The Renaissance is a period in European history, covering the span between the 14th and 17th centuries.

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Republic of Genoa

The Republic of Genoa (Repúbrica de Zêna,; Res Publica Ianuensis; Repubblica di Genova) was an independent state from 1005 to 1797 in Liguria on the northwestern Italian coast, incorporating Corsica from 1347 to 1768, and numerous other territories throughout the Mediterranean.

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School of Salamanca

The School of Salamanca (Escuela de Salamanca) is the Renaissance of thought in diverse intellectual areas by Spanish and Portuguese theologians, rooted in the intellectual and pedagogical work of Francisco de Vitoria.

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Seville

Seville (Sevilla) is the capital and largest city of the autonomous community of Andalusia and the province of Seville, Spain.

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Sicily

Sicily (Sicilia; Sicìlia) is the largest island in the Mediterranean Sea.

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Silver

Silver is a chemical element with symbol Ag (from the Latin argentum, derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47.

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Spanish Empire

The Spanish Empire (Imperio Español; Imperium Hispanicum), historically known as the Hispanic Monarchy (Monarquía Hispánica) and as the Catholic Monarchy (Monarquía Católica) was one of the largest empires in history.

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Spanish treasure fleet

The Spanish treasure fleet, or West Indies Fleet from Spanish Flota de Indias, also called silver fleet or plate fleet (from the Spanish plata meaning "silver"), was a convoy system adopted by the Spanish Empire from 1566 to 1790, linking Spain with its territories in America across the Atlantic.

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Urbanization

Urbanization refers to the population shift from rural to urban residency, the gradual increase in the proportion of people living in urban areas, and the ways in which each society adapts to this change.

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Velocity of money

Similar chart showing the velocity of a broader measure of money that covers M2 plus large institutional deposits, M3. The US no longer publishes official M3 measures, so the chart only runs through 2005. The term "velocity of money" (also "The velocity of circulation of money") refers to how fast money passes from one holder to the next.

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Western Europe

Western Europe is the region comprising the western part of Europe.

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Redirects here:

European Price Revolution, Price Revolution, Spanish Price Revolution, Spanish price revolution.

References

[1] https://en.wikipedia.org/wiki/Price_revolution

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