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Origins of European Capitalism and Religious Reformation
Transcript of Origins of European Capitalism and Religious Reformation
What is Capitalism in Early Eurpean Nations?
Effects of Capitalism
Effects of Capitalism Continued
Effects of Martin Luther's Ideas
With the creation of banks and the Hansiatic League merchants could obtain loans to start business ventures. (local ventures). This risk could result in wealth or ruin depending on demand.
With more money circulation wealth was being created by Merchants, Kings, and the church alike. All of them could purchase property or increase the size of their venture.
Inflation - More demand meant businesses could charge higher prices. The poor fell further behind, but middle and upper class people could usually keep up with prices. New social classes were created.
Land revolt - Poor peasants or those in debt revolted against local governors or aristocrats. The king usually put these revolts down.
Men - traveled, were now literate, married later in life.
Men - accumulated possessions and property.
Women - Now married later and for love since dad did not have to worry about the dowry. Illegitimate pregnancies increased in Europe and the church began orphanages and schools. Wife's participated in cottage industry and made products
Art - with more money, common merchants were commissioning artists and architects as the Renaissance spread North.
The Secular Spirit not only made Europeans Richer, but also the Church. Its focus transformed from comfort and salvation in the Dark Ages, to accumulating property and wealth during the Renaissance.
The continued use of Latin and Dark Ages Mysticism left commoners out of the religious experience.
Was a Catholic Priest that did not want to found a new religion, but update the older traditions of the Catholic Church.
Posted his reforms in public and was immediately persecuted by the Church.
- use common language
-use a prayer book and bible in local language
- end focus on money and hierarchy
- priests should marry.
Martin Luther was excommunicated. But his ideas were latched on to by many.
Lutherans - Religious people that believed his reforms were the original form of Christianity.
Warlords in Germany - Did not have to pay a tithe to the pope
Kings - Could control church property in their country, not have to listen to Italian Bishops, and did not have to pay the tithe.
Reformers - other reformers such as John Calvin wanted to take the reforms even further.
Henry VIII - In England started his own religion to break with pope. English Civil War between Catholics and Protestants 1640 - 1689)
Germany - 30 years war ended in 1648 with tolerance for Protestants (Treaty of Westphalia)
France - French Civil war ended in 1598 with tolerance for Protestants.
By the end of the Renaissance, Merchants had choice in business, women had choice in marriage, people not in Spain, Italy or Portugal had choice in religion, farmers had choice in crops.
Limited Freedom had formed in Western Europe, especially in Protestant nations.