1 00:00:00,690 --> 00:00:09,070 Well, today we are going to start the last unit of this year, the unit 8, that is related with the 17th century, as you can see in the title. 2 00:00:09,750 --> 00:00:14,490 So what we are going to see, if we follow the index, is first the economy in the 17th century. 3 00:00:14,589 --> 00:00:16,850 So we are going to give a whole picture of the economy. 4 00:00:17,390 --> 00:00:27,649 We will talk about the economy in general and then the economy in Spain, the society, how the society was structured, then the political system. 5 00:00:27,649 --> 00:00:31,170 you'll see that there is a main political system, but they are going to appear new. 6 00:00:32,049 --> 00:00:37,170 This specific epigraph related with the political system is really important for 7 00:00:38,049 --> 00:00:44,609 the next year, for 4th of ESO, because we will start with a society and a political system 8 00:00:44,609 --> 00:00:50,289 really close to this. So the idea is everything we are going to study in this unit is going to be 9 00:00:50,289 --> 00:00:56,689 seen in the next course, or we are going to continue with it in the first unit of the next 10 00:00:56,689 --> 00:01:03,490 We are going to talk about the Thirty Years' War, La Guerra de los Treinta Años, and Spain 11 00:01:03,490 --> 00:01:05,609 in the 17th century. 12 00:01:05,609 --> 00:01:12,209 These are going to be the five points we are going to see in this unit, the last five points, 13 00:01:12,209 --> 00:01:15,230 and this is going to be all. 14 00:01:15,230 --> 00:01:16,230 So let's see. 15 00:01:16,230 --> 00:01:19,730 Let's begin with the economy in the 17th century. 16 00:01:19,730 --> 00:01:23,790 So the basic idea is the economy in the 17th century is going to be based in agriculture, 17 00:01:23,790 --> 00:01:30,329 course agricultural production as it was in the medieval ages and it was in not 18 00:01:30,329 --> 00:01:35,189 only in the medieval ages but in the modern age in 15th and 16th century and 19 00:01:35,189 --> 00:01:40,590 but the main characteristics of this economy in the 17th century is crisis we 20 00:01:40,590 --> 00:01:43,750 are going to suffer an economic crisis this economic crisis is going to be 21 00:01:43,750 --> 00:01:48,989 related to a demographic crisis demographic crisis means crisis 22 00:01:48,989 --> 00:01:53,010 demographica means that there is a lot of people that they are going to die 23 00:01:53,010 --> 00:01:57,510 okay and they are going to die because of this economic crisis because we have 24 00:01:57,510 --> 00:02:03,269 food we have no food for everyone we are not going to have enough resources to 25 00:02:03,269 --> 00:02:08,849 make everyone survive and also because of the different wars like the 30 year 26 00:02:08,849 --> 00:02:14,669 wars okay so these wars are going to provoke also or they are going to 27 00:02:14,669 --> 00:02:19,530 contribute to this demographic crisis okay so let's start with this economy 28 00:02:19,530 --> 00:02:23,669 let's see it step by step and the first thing we need to see is this crisis is 29 00:02:23,669 --> 00:02:31,550 that we have an economy based on agriculture and also 30 00:02:31,550 --> 00:02:36,270 that there is a moment of crisis okay so let's see the European economy we will 31 00:02:36,270 --> 00:02:41,129 see in the point 1.1 we see the European economy in 1.2 we are going to 32 00:02:41,129 --> 00:02:47,009 see the Spanish economy so let's see the European economy the 17th century was 33 00:02:47,009 --> 00:02:51,689 characterized as an agricultural crisis what I said agricultural is is basic 34 00:02:51,689 --> 00:02:59,409 that's the basic economic activity but there is going to be a crisis during 35 00:02:59,409 --> 00:03:03,949 the 17th century okay so it's the main economic activity but it's going to be 36 00:03:03,949 --> 00:03:10,169 affected by some factors that they are going to let into a crisis which are the 37 00:03:10,169 --> 00:03:16,229 factors of this crisis okay the first one is the wars why wars are an economic 38 00:03:16,229 --> 00:03:23,310 factor they are affecting the economy because the wars means that we are going to need people 39 00:03:23,310 --> 00:03:30,810 as soldiers and where are they coming these people from the farmers the peasants so we are going to 40 00:03:30,810 --> 00:03:35,990 take the peasants take these farmers and they are going to fight in the armies for the king 41 00:03:35,990 --> 00:03:45,169 or the queen so the idea is we are going to have all these people all these farmers and peasants 42 00:03:45,169 --> 00:03:51,129 fighting in the wars so if they are fighting they are not cultivating so the 43 00:03:51,129 --> 00:03:58,129 the production agricultural production is going to decrease so due to these 44 00:03:58,129 --> 00:04:02,610 wars they are going to also destroy agricultural areas but also they are 45 00:04:02,610 --> 00:04:07,729 going to reduce the workforce the peasants the number of people working in 46 00:04:07,729 --> 00:04:12,389 the countryside okay so that's the idea they are going to destroy agricultural 47 00:04:12,389 --> 00:04:16,529 areas because maybe a battle is going to be in the countryside so this battle is 48 00:04:16,529 --> 00:04:20,329 going to destroy agricultural areas so the production agricultural production 49 00:04:20,329 --> 00:04:27,089 decreases and also there is going to be a reduction of the workforce in the 50 00:04:27,089 --> 00:04:32,470 countryside because of this because of the of these wars because they are they 51 00:04:32,470 --> 00:04:40,009 are using this workforce okay for to be soldiers it means they are going to take 52 00:04:40,009 --> 00:04:43,910 these peasants, they are going to take these people in order to be the soldiers 53 00:04:43,910 --> 00:04:49,730 in the army. So that's why the wars are going to affect this agricultural crisis. 54 00:04:49,730 --> 00:04:53,410 They are going to lead, they are going to be one of the causes of this 55 00:04:53,410 --> 00:04:57,410 agricultural crisis. So the production is going to decrease, agricultural 56 00:04:57,410 --> 00:05:01,370 production is going to decrease due to this destruction 57 00:05:01,370 --> 00:05:07,970 of agricultural areas and the workforce part of the farmers and 58 00:05:07,970 --> 00:05:16,750 peasants are going to go to the world as as soldiers the second a cause the 59 00:05:16,750 --> 00:05:21,250 second cause for this agricultural crisis is going to be the plagues knowledge 60 00:05:21,250 --> 00:05:25,209 plagues and when we talk about plus we talk about epidemic we talk about 61 00:05:25,209 --> 00:05:30,290 illness okay remember nowadays about coronavirus okay so when we talk about 62 00:05:30,290 --> 00:05:35,870 plagues we are talking about a illness viruses that they are killing people 63 00:05:35,870 --> 00:05:41,509 okay so this is going to increase the mortality so it means the mortality of 64 00:05:41,509 --> 00:05:45,410 the peasants that they are poor that they have nothing to eat that they do 65 00:05:45,410 --> 00:05:51,230 not live in good conditions so the mortality is going to increase so that 66 00:05:51,230 --> 00:05:56,310 is going the workforce the agricultural workforce is going to reduce again okay 67 00:05:56,310 --> 00:05:59,970 so the wars are going to reduce the workforce in the countryside also the 68 00:05:59,970 --> 00:06:04,569 plagues and the wars are going to destroy part of the agricultural areas 69 00:06:04,569 --> 00:06:11,910 what do we have here the Black Death la peste in the 17th century as you can see 70 00:06:11,910 --> 00:06:17,709 the the Black Death is going to enter through the different ports in the 71 00:06:17,709 --> 00:06:22,810 Iberian Peninsula and is going to affect Castile Portugal and Aragon and also 72 00:06:22,810 --> 00:06:29,350 France of course okay so as you can see for the days during the 17th century the 73 00:06:29,350 --> 00:06:37,589 Iberian Peninsula and part of Europe also Italy are going to suffer the black 74 00:06:37,589 --> 00:06:42,629 death so the population is going to decrease so less people working in the 75 00:06:42,629 --> 00:06:48,740 countryside okay this is a portrait this is a painting where you can see the 76 00:06:48,740 --> 00:06:53,720 representation of people can you see people that they are infected that they 77 00:06:53,720 --> 00:06:57,439 are dying okay the babies that they are with their mother the mother and the 78 00:06:57,439 --> 00:07:03,759 baby died that sorry and this Corp that is carried by two persons so the people 79 00:07:03,759 --> 00:07:13,259 is dying because of this because of this illness the black death and the living 80 00:07:13,259 --> 00:07:19,839 people needs to take care of the death or the illness people the ill people so 81 00:07:19,839 --> 00:07:24,779 the third one is that the farmers are going to migrate from the cities to the 82 00:07:24,779 --> 00:07:28,800 city sorry in order to avoid paying taxes so the idea is if you live in the 83 00:07:28,800 --> 00:07:33,540 countryside you work for a landlord you work for a Lord and you know that if you 84 00:07:33,540 --> 00:07:38,019 work for a Lord you need to pay taxes to the Lord so the idea is these farmers 85 00:07:38,019 --> 00:07:44,300 are going to migrate to the cities to avoid paying taxes that's the point okay 86 00:07:44,300 --> 00:07:48,959 so what we are going to have is these farmers migrating to the cities in order 87 00:07:48,959 --> 00:07:55,620 to avoid paying taxes that's the point okay so it means we are going to reduce 88 00:07:55,620 --> 00:08:00,779 the number of farmers the number of persons or reduce the workforce in the 89 00:08:00,779 --> 00:08:05,139 countryside why because they are migrating to the cities what do they 90 00:08:05,139 --> 00:08:10,199 what they are going to do in the cities they are going to live in the cities by 91 00:08:10,199 --> 00:08:16,319 begging okay it means pidiendo dinero they could they prefer to live in the 92 00:08:16,319 --> 00:08:23,279 city without paying taxes without living as almost slaves okay and live as 93 00:08:23,279 --> 00:08:28,379 homeless people okay on the streets asking for money okay because their 94 00:08:28,379 --> 00:08:35,779 situation is better in that way than working in the countryside okay so wars 95 00:08:35,779 --> 00:08:42,820 flags farmers migrating all this is producing this agricultural crisis the 96 00:08:42,820 --> 00:08:50,740 reduction of the agricultural production with regard to a reduction of the workforce in the 97 00:08:50,740 --> 00:08:57,570 countryside and also because of the destruction of some agricultural areas. We need to take into 98 00:08:57,570 --> 00:09:02,529 consideration also that the agricultural techniques are going to be outdated. What is outdated? 99 00:09:02,529 --> 00:09:09,649 Antiquados. It means we are going to produce a few. It means we do not have machines, we do not have 100 00:09:09,649 --> 00:09:17,990 fertilizers in order to increase the productivity so that as the techniques are old as the techniques 101 00:09:17,990 --> 00:09:25,730 are outdated okay the productivity is the is low okay so it means low productivity and the 102 00:09:25,730 --> 00:09:32,629 reduction of the production because of these factors and of course there are going to be 103 00:09:32,629 --> 00:09:37,789 years of a hot or but about harvest what does it mean that maybe is not going to rain enough 104 00:09:37,789 --> 00:09:44,409 because maybe we are or we are going to have a low temperatures so the the 105 00:09:44,409 --> 00:09:51,049 harvest are going to die etc so that's but that that is about harvest to kill 106 00:09:51,049 --> 00:09:55,309 the production or to reduce the production because the weather is not 107 00:09:55,309 --> 00:10:01,669 positive because the weather is not helping to cultivate the harvest so 108 00:10:01,669 --> 00:10:06,649 that's the idea it means there are going to be years of bad harvest and these 109 00:10:06,649 --> 00:10:13,250 years of bad harvests are going to be based on that on bad weather it means a 110 00:10:13,250 --> 00:10:20,509 lack of rain it means a lack of water or a lack of high temperatures in order to 111 00:10:20,509 --> 00:10:26,389 make the different plants the different harvest to grow so how we are going to 112 00:10:26,389 --> 00:10:31,649 call this agricultural crisis that means to reduce the agricultural production 113 00:10:31,649 --> 00:10:36,350 and increase the number of the people because they have nothing to eat we are 114 00:10:36,350 --> 00:10:43,590 going to call this subsistence crisis in Spanish crisis de subsistencia it means 115 00:10:43,590 --> 00:10:54,049 we do not have enough food to to provide or to to make everyone to survive it 116 00:10:54,049 --> 00:10:59,269 means as the production decreases the prices are going to increase so the poor 117 00:10:59,269 --> 00:11:03,970 people cannot buy so and also the production is less so there is no food 118 00:11:03,970 --> 00:11:10,210 for everyone so the majority of the population did not have enough food this is called subsystem 119 00:11:10,210 --> 00:11:16,370 crisis and it's characterized by this hunger and demographic decline it means people dying okay the 120 00:11:16,370 --> 00:11:24,129 number of people the death rates are going to increase okay due to this a lack of food 121 00:11:24,850 --> 00:11:30,610 so the people died of hunger that's the idea okay in the 17th century we are going to have 122 00:11:30,610 --> 00:11:36,929 this agricultural crisis okay because the um agricultural production is going to decrease 123 00:11:36,929 --> 00:11:41,090 because of the wars because of the plaques because the farmers are going to migrate to the cities in 124 00:11:41,090 --> 00:11:47,330 order not to pay taxes okay because there are going to be years of a harvest that there is no 125 00:11:47,330 --> 00:11:52,769 water enough or there is not going to be high temperatures in order to make this to make this 126 00:11:52,769 --> 00:12:01,529 to make the harvest to grow and also because the techniques are outdated they are so nanti 127 00:12:01,529 --> 00:12:07,409 quarters so it means we cannot increase the productivity due to these facts the production 128 00:12:07,409 --> 00:12:13,110 is going to decrease so there is not going to be food for everyone but also as the production 129 00:12:13,110 --> 00:12:18,870 decrease the prices are going to increase what does it mean lady of earth I demand a 130 00:12:18,870 --> 00:12:26,509 that is, if I have a lot of one thing and I want people to buy it and people are not 131 00:12:26,509 --> 00:12:31,049 interested, that is, if there is a lot of supply, that is, a lot of product but there is little demand, 132 00:12:31,049 --> 00:12:36,870 what will happen is that prices go down because if people do not buy me the only way to 133 00:12:36,870 --> 00:12:42,750 tell them hey buy me the chair hey buy me this is to lower the price now well the other way around if there is 134 00:12:42,750 --> 00:12:48,330 little supply that is to say little product and there is a lot of demand that is to say there is little product little food and 135 00:12:48,330 --> 00:12:54,289 and there is a lot of demand, everyone needs to eat, the prices go up, because, of course, you sell it to the best 136 00:12:54,289 --> 00:12:59,629 postman. What happens? Obviously the poor are the ones who are going to eat less and the ones who are going to die the most. 137 00:12:59,629 --> 00:13:07,610 And that is a subsistence crisis. It means when you, the production decreases, the prices increases, and the 138 00:13:07,610 --> 00:13:13,190 majority of the population has nothing to eat. So they are going to die. For example, this case, you see here, 139 00:13:13,190 --> 00:13:16,309 These are the death rates 140 00:13:16,309 --> 00:13:18,529 You see these peaks 141 00:13:18,529 --> 00:13:20,549 So it means 142 00:13:20,549 --> 00:13:21,710 When you see these peaks 143 00:13:21,710 --> 00:13:23,710 It means that we are in a subsistence 144 00:13:23,710 --> 00:13:26,830 In a subsistence crisis 145 00:13:26,830 --> 00:13:28,950 Because it means 146 00:13:28,950 --> 00:13:31,250 That the deaths are going to increase 147 00:13:31,250 --> 00:13:32,490 Sharply 148 00:13:32,490 --> 00:13:33,570 Rapidly 149 00:13:33,570 --> 00:13:34,549 Quickly 150 00:13:34,549 --> 00:13:36,830 So it means they are going to die 151 00:13:36,830 --> 00:13:38,330 Could die because of wars 152 00:13:38,330 --> 00:13:42,090 But also because of subsistence crisis 153 00:13:42,090 --> 00:13:45,529 Crisis demográficas, crisis de subsistencia 154 00:13:45,529 --> 00:13:51,769 So you see at the end of the 17th century and early 18th century 155 00:13:51,769 --> 00:13:56,470 You see at the end of the 17th century there are a lot of subsistent crises 156 00:13:56,470 --> 00:14:03,210 So this demographic crisis means that there are going to die more people 157 00:14:03,210 --> 00:14:06,889 That the people is giving birth 158 00:14:06,889 --> 00:14:13,049 The birth rates are going to be less than the death rates 159 00:14:13,049 --> 00:14:14,929 Quiere decir, muere más gente de la que nace 160 00:14:14,929 --> 00:14:17,490 Por tanto, the population decreases 161 00:14:17,490 --> 00:14:19,690 Here the population is increasing 162 00:14:19,690 --> 00:14:22,450 Because we have more people giving birth 163 00:14:22,450 --> 00:14:25,470 Than the people dying 164 00:14:25,470 --> 00:14:28,610 So these are the demographic crises 165 00:14:28,610 --> 00:14:32,490 And these demographic crises could be provoked 166 00:14:32,490 --> 00:14:36,289 By a subsistence crisis 167 00:14:36,289 --> 00:14:41,610 This means there is not enough food in order to feed all the population. 168 00:14:42,049 --> 00:14:46,529 Also could happen because of wars. 169 00:14:47,610 --> 00:14:49,870 So this is the agricultural crisis. 170 00:14:50,049 --> 00:14:54,389 And these are the causes of this agricultural crisis in Europe in the 17th century. 171 00:14:54,929 --> 00:14:57,970 What is going to happen in the second half of the 17th century? 172 00:14:58,149 --> 00:15:00,049 That the situation is going to improve a little. 173 00:15:01,070 --> 00:15:04,029 It means the population is going to tend to increase now. 174 00:15:04,029 --> 00:15:10,350 So, the crisis, the agricultural crisis, is basically in the first half of the 17th century. 175 00:15:10,570 --> 00:15:16,110 In the second half of the 17th century, what we are going to have is the situation is going to improve. 176 00:15:16,710 --> 00:15:20,750 It doesn't mean that we are not going to have subsistence crisis. 177 00:15:21,009 --> 00:15:22,950 We are going to have subsistence crisis. 178 00:15:23,409 --> 00:15:27,929 But in the second half of the 17th century, the population is going to tend to increase, 179 00:15:27,929 --> 00:15:32,769 because these subsistence crises are less, and they are less important. 180 00:15:34,029 --> 00:15:39,789 So by the end of the century the population had increased to the same level that it was at the beginning, mirad 181 00:15:40,409 --> 00:15:42,409 So let's see here 182 00:15:42,549 --> 00:15:44,610 if you check in the 183 00:15:45,809 --> 00:15:48,450 1600 what we have is 8 million people 184 00:15:49,269 --> 00:15:52,889 Okay in 1650 what we have is 7 million 185 00:15:52,889 --> 00:16:00,149 We have lost 1 million people and in the beginning of the 18th century what we have recovered is half of a million 186 00:16:00,149 --> 00:16:07,950 It means it is not exactly the same level as in the beginning of the century, the 17th century, 187 00:16:08,250 --> 00:16:15,289 but in the early 18th century we have recovered part of the population and the tendency is to increase. 188 00:16:16,250 --> 00:16:18,950 The tendency is to increase. 189 00:16:19,909 --> 00:16:26,370 So it means after this crisis in the 17th century, the demographic tendency is to increase. 190 00:16:26,370 --> 00:16:34,169 so that at the end of the century the population had increased not exactly to the same level but 191 00:16:34,169 --> 00:16:42,210 more or less to the same level that it was in the beginning of the century so this recovery was a 192 00:16:42,210 --> 00:16:49,610 possible due to these factors first fewer wars it means there is less people dying because of 193 00:16:49,610 --> 00:16:58,590 the wars second there is going to be a grow in the colonial trade okay due to this trade we have 194 00:16:58,590 --> 00:17:04,230 more products okay there are going to be new colonies etc that they are going to make the 195 00:17:04,230 --> 00:17:12,230 trade to increase okay new empires for example this is in orange the is the spanish empire 196 00:17:12,230 --> 00:17:19,450 in purple is the portuguese empire but you see the dutch the netherlands they are going to have 197 00:17:19,450 --> 00:17:25,130 south africa and they are going to have indonesia if you check the british are going to have the 198 00:17:25,130 --> 00:17:31,789 green one the hudson bay and the 13 colonies that they are going to be the united states nowadays 199 00:17:31,789 --> 00:17:39,589 the the different archipelagos or territories in central america and finally the french in america 200 00:17:39,589 --> 00:17:49,069 the french in some of the islands here and in africa okay makes sense so the idea is there is 201 00:17:49,069 --> 00:17:52,569 going to be in the 17th century a colonial expansion of other countries 202 00:17:52,569 --> 00:18:02,950 not only Spain and or the Hispanic monarchy and Portugal but also France 203 00:18:02,950 --> 00:18:07,490 the United Kingdom or Great Britain and the Netherlands okay that they are going 204 00:18:07,490 --> 00:18:12,829 to create new colonial empires and it means new products to trade with so it 205 00:18:12,829 --> 00:18:18,230 means more food so we are going to see how the demographic crisis is going to 206 00:18:18,230 --> 00:18:23,990 decrease and agricultural crisis is going to diminish so the Kings are going 207 00:18:23,990 --> 00:18:29,849 to encourage to founding this private to founding or to found private trading 208 00:18:29,849 --> 00:18:35,470 companies it means imagine the King has no money to create this colonial Empire 209 00:18:35,470 --> 00:18:40,470 so he is going to say okay you imagine Marcos Agüera Marcos you need to create 210 00:18:40,470 --> 00:18:46,829 a company okay you are going to create a company you are going to put your own 211 00:18:46,829 --> 00:18:50,289 money you are going to invest your own money and you are going to trade with 212 00:18:50,289 --> 00:18:55,589 this territory this territory is going to be Spanish from now on okay but you 213 00:18:55,589 --> 00:19:00,750 are going to acquire most of the profit the major part del beneficio of this 214 00:19:00,750 --> 00:19:07,509 okay so the idea is there was a growth in colonial trade okay the expansion of 215 00:19:07,509 --> 00:19:12,470 these colonial empires is going to make this colonial trade to increase and also 216 00:19:12,470 --> 00:19:17,990 the Kings are going to foster are going to encourage not promote this colonial 217 00:19:17,990 --> 00:19:23,390 trade creating this private trading companies for example this is the East 218 00:19:23,390 --> 00:19:31,150 Indian Company is British and is going to control British India okay this is 219 00:19:31,150 --> 00:19:36,289 the East Indian Company but is the the Dutch Indian Company this is the 220 00:19:36,289 --> 00:19:40,589 Netherlands and they are going to control what Indonesia and they are 221 00:19:40,589 --> 00:19:46,170 going to trade also with Japan or here La Real Compania Guipuzcoana de Caracas 222 00:19:46,170 --> 00:19:52,170 Guipuzcoa is in the Basque Country so is a royal company to trade with Caracas 223 00:19:52,170 --> 00:19:58,170 Venezuela here so the idea is this company is going to trade with Caracas 224 00:19:58,170 --> 00:20:05,430 in order to obtain what cocoa it means cacao so what they are going to do is to 225 00:20:05,430 --> 00:20:11,190 start trading with this so they are going to foster or promote or encourage 226 00:20:11,190 --> 00:20:18,549 the colonial trade how creating new colonial empires and also creating this 227 00:20:18,549 --> 00:20:24,670 these colonial companies okay this private colonial companies like the 228 00:20:24,670 --> 00:20:31,900 Netherlands one the British one or the Spanish one finally we need to talk 229 00:20:31,900 --> 00:20:35,880 about the textile industry that is going to view or is going to grow sorry is 230 00:20:35,880 --> 00:20:42,819 going to grow in some countries like the Netherlands and in England and the 231 00:20:42,819 --> 00:20:47,319 monarchs are going to intervene in economy this is really important the 232 00:20:47,319 --> 00:20:52,099 monarchs are going to decide to intervene in economy not only fostering 233 00:20:52,099 --> 00:20:58,599 the creation of these colonial empires or fostering the creation or the 234 00:20:58,599 --> 00:21:03,240 foundation of these private trading companies they are going to intervene in 235 00:21:03,240 --> 00:21:08,599 the economy through this mercantile system. 236 00:21:08,599 --> 00:21:14,500 We have talked about this, about the mercantile system, and you know how it works, but I will 237 00:21:14,500 --> 00:21:16,519 explain it again. 238 00:21:16,519 --> 00:21:23,460 Mercantile system is based on trading, it means we want to make money through trading. 239 00:21:23,460 --> 00:21:28,180 So the idea is we want to produce and we want to sell our products. 240 00:21:28,180 --> 00:21:34,220 But if we want to earn money, what we need to do is to sell products but not to buy products 241 00:21:34,220 --> 00:21:35,220 to others. 242 00:21:35,220 --> 00:21:37,900 What does it mean? 243 00:21:37,900 --> 00:21:42,059 A commodity economy, a commodity system is based on that, on I sell a lot and buy 244 00:21:42,059 --> 00:21:43,059 little. 245 00:21:43,059 --> 00:21:44,059 Why? 246 00:21:44,059 --> 00:21:47,579 Because if I sell a lot, I earn money and if I buy little, I spend little money, so 247 00:21:47,579 --> 00:21:50,180 I earn a lot of money, right? 248 00:21:50,180 --> 00:21:51,759 That is the idea. 249 00:21:51,759 --> 00:21:55,660 This commodity system is based on that, on selling a lot and buying little. 250 00:21:55,660 --> 00:21:57,940 How can I do to buy little? 251 00:21:57,940 --> 00:22:01,359 le pongo impuestos a los productos que vienen de otros países. 252 00:22:02,200 --> 00:22:04,460 Por tanto, mis productos los vendo fuera, 253 00:22:04,920 --> 00:22:07,980 pero los que vienen de otros países les subo un impuesto especial 254 00:22:07,980 --> 00:22:11,319 para que sean más caros y que la gente decida no comprarlos. 255 00:22:11,880 --> 00:22:15,440 Si yo, viviendo en España, compro un producto a Gran Bretaña 256 00:22:15,440 --> 00:22:17,579 y es más caro que el producto que se produce en España, 257 00:22:17,700 --> 00:22:19,680 ¿a quién voy a comprar el producto de España? 258 00:22:20,119 --> 00:22:20,980 No al británico. 259 00:22:20,980 --> 00:22:22,319 Por tanto, ¿qué hago? 260 00:22:22,319 --> 00:22:31,859 fomento vender exportar y trato de evitar importar comprar a otros países eso es el 261 00:22:31,859 --> 00:22:39,539 sistema mercantil fomentar el comercio y fomentar lo que se llama la intervención en economía lo 262 00:22:39,539 --> 00:22:45,980 que se llama el protección ismo por proteges tu economía frente a otros países vale 263 00:22:45,980 --> 00:22:52,019 So, the monarchs are going to intervene in the economy implementing this mercantile system. 264 00:22:52,019 --> 00:22:56,640 How it's going to be based is increasing the amount of precious metals, of course, they 265 00:22:56,640 --> 00:23:01,799 need to pay, I mean to produce, so what they are going to do is to try to obtain more precious 266 00:23:01,799 --> 00:23:07,400 metals, silver and gold, and prevent these metals to go to other countries, it means 267 00:23:07,400 --> 00:23:14,140 to buy to other countries, and protecting national industries by taxing imported products, 268 00:23:14,140 --> 00:23:20,059 It means that these imported products are going to have an extra tax that they are going 269 00:23:20,059 --> 00:23:24,180 to make these products more expensive than the Spanish products. 270 00:23:24,180 --> 00:23:28,960 So that's why the population is going to buy the Spanish products and is not going to buy 271 00:23:28,960 --> 00:23:31,200 the imported products. 272 00:23:31,200 --> 00:23:32,319 Make sense? 273 00:23:32,319 --> 00:23:38,880 So a mercantile system is based on trading and is based on protecting my economy how 274 00:23:38,880 --> 00:23:45,880 establishing extra taxes to the products that came from other countries, it means the imported 275 00:23:45,880 --> 00:23:46,880 products. 276 00:23:46,880 --> 00:23:47,880 How? 277 00:23:47,880 --> 00:23:48,880 Why? 278 00:23:48,880 --> 00:23:53,240 Because what I'm going to do is to increase the exportations, it means to increase the 279 00:23:53,240 --> 00:24:02,700 products sold to other countries and to decrease the products bought or that we are going to 280 00:24:02,700 --> 00:24:05,160 buy to other countries. 281 00:24:05,160 --> 00:24:06,160 Make sense? 282 00:24:06,160 --> 00:24:12,039 idea is if I want to earn money what I need is to increase the exportations it 283 00:24:12,039 --> 00:24:16,000 means to increase the products I'm going to sell to other countries and decrease 284 00:24:16,000 --> 00:24:21,839 the products I'm going to buy for those countries okay so that's it that's the 285 00:24:21,839 --> 00:24:27,319 mercantile system and in order to do this what I need is the king to 286 00:24:27,319 --> 00:24:34,579 intervene in economy it means the king to promote not to buy products outside 287 00:24:34,579 --> 00:24:42,380 Spain and to promote this this the population of Spain to sell products to 288 00:24:42,380 --> 00:24:47,299 the other countries also what I need is more precious metals what I need is 289 00:24:47,299 --> 00:24:53,000 silver and gold in order to increase the money that I'm going to have to produce 290 00:24:53,000 --> 00:24:58,819 more products and I do not want this money to be used in other countries 291 00:24:58,819 --> 00:25:12,619 That is to say, I'm going to buy little, sell a lot, and the money I produce, the amount of money I get, I want it to be a lot, I don't want to spend it in other countries, I want to have a lot of money to be rich. 292 00:25:13,039 --> 00:25:19,400 To do all that, the monarch has to intervene, the monarch has to act in the economy, it can't be that the companies act alone. 293 00:25:20,059 --> 00:25:24,140 There has to be a monarch saying, over here, over there, we invest here, we buy here. 294 00:25:24,140 --> 00:25:30,859 So, these are the basis of this recovery. 295 00:25:30,859 --> 00:25:39,259 It means fewer wars, so there is less people dying or less agricultural fields destroyed. 296 00:25:39,259 --> 00:25:45,579 Second, the colonial trade is going to grow due to these private trading companies and 297 00:25:45,579 --> 00:25:49,460 the creation of new colonial empires. 298 00:25:49,460 --> 00:25:56,200 There is going to be an increase in the textile industry that is going to grow in some countries 299 00:25:56,200 --> 00:25:59,859 like England and the Netherlands. 300 00:25:59,859 --> 00:26:04,500 And finally, they are going to establish this specific type of economy, mercantile, the 301 00:26:04,500 --> 00:26:09,339 mercantile system, mercantile economy, based on what the king is going to intervene in 302 00:26:09,339 --> 00:26:13,579 economy because he's going to say what to do related with economy. 303 00:26:13,579 --> 00:26:17,700 Second, we want to sell a lot to other countries. 304 00:26:17,700 --> 00:26:24,779 Third, we want to decrease the amount of products bought to other countries. 305 00:26:24,779 --> 00:26:30,440 We do not want to buy to other countries because we want to have the money in our country. 306 00:26:30,660 --> 00:26:35,940 So it means we want to increase the amount of silver and gold in our countries 307 00:26:35,940 --> 00:26:41,000 and avoid using these metals in the other countries. 308 00:26:41,000 --> 00:26:59,859 So that the king intervenes in the economy, that we have a lot of gold and silver in the country, that the interior economy is protected by selling a lot and buying little in other countries, and accumulating those precious metals that we are not going to use outside. 309 00:27:11,000 --> 00:27:16,119 be deeper okay the idea is our crisis our agricultural crisis is going to be 310 00:27:16,119 --> 00:27:19,779 deeper and our demographic decline or demographic crisis is going to be 311 00:27:19,779 --> 00:27:24,920 deeper it means it's going to be worse than in Europe so Spain is going to 312 00:27:24,920 --> 00:27:31,319 suffer okay is going to suffer an economic and agricultural and demographic 313 00:27:31,319 --> 00:27:36,740 crisis that is going to be harder than the European one okay so in Europe the 314 00:27:36,740 --> 00:27:43,799 crisis is going to be lighter is going to be less important than or it's not going to be as deep as 315 00:27:43,799 --> 00:27:50,759 it is in is going to be in spain okay so why is going to be deeper this crisis in spain first 316 00:27:50,759 --> 00:27:55,220 because we are going to be in more wars than other countries we are going to fight against the 317 00:27:55,220 --> 00:28:00,500 netherlands remember the 80 year wars we are going to fight against the netherlands we are going to 318 00:28:00,500 --> 00:28:08,099 fighting the 30 year wars here in Germany and we are going to fight against France and also in 319 00:28:08,099 --> 00:28:14,259 America against the pirates so that's it Spain is going to be fighting against France against the 320 00:28:14,259 --> 00:28:20,319 Netherlands in Germany against the Protestants and also in America against the pirates so we are 321 00:28:20,319 --> 00:28:24,460 going to fight in more wars we are going to get involved in more wars than the other countries 322 00:28:24,460 --> 00:28:29,480 so that's why we are going to have a deeper agricultural and demographic crisis second 323 00:28:29,480 --> 00:28:35,980 Because we are going to spell the Moriscos remember these Moriscos were muslin people that they were converted into 324 00:28:37,099 --> 00:28:40,799 Catholicism, okay, but they are going to be a spell in 1609 325 00:28:41,279 --> 00:28:48,359 So it means most of these Moriscos are farmers if we spell the Moriscos we have less farmers 326 00:28:48,720 --> 00:28:51,880 So the agricultural production is going to decrease 327 00:28:52,579 --> 00:28:57,799 So that's why we are going to suffer also an agricultural and demographic crisis because we are losing people 328 00:28:57,799 --> 00:29:08,000 okay so the Moriscos are here mostly in in the crown of Aragon but also in part 329 00:29:08,000 --> 00:29:13,480 of Castile and they are going to be expelled okay we are talking about three 330 00:29:13,480 --> 00:29:20,299 hundred thousand people a lot of people and most of them are farmers okay so 331 00:29:20,299 --> 00:29:27,740 these measure this religious measure to expel the Moriscos in 1609 is going to 332 00:29:27,740 --> 00:29:32,420 against the agricultural and demographic development of the country so it means 333 00:29:32,420 --> 00:29:38,779 Spain the Hispanic monarchy the Iberian Peninsula is going to suffer a deeper 334 00:29:38,779 --> 00:29:42,359 agricultural crisis and demographic crisis because of this because of the 335 00:29:42,359 --> 00:29:46,380 wars we are going to participate in more wars and second because we are going to 336 00:29:46,380 --> 00:29:51,519 spell 300,000 people a lot of people when we talk about these people in 337 00:29:51,519 --> 00:29:56,420 Aragón and Valencia is going to be the 20% of the population it's a lot of 338 00:29:56,420 --> 00:30:03,200 people okay they are expelling the 20% of the population and they are farmers 339 00:30:03,200 --> 00:30:06,440 so that is going to affect the agricultural production and the 340 00:30:06,440 --> 00:30:11,839 demographic data no the demography there is going to be a demographic crisis due 341 00:30:11,839 --> 00:30:17,599 to this expulsion the third one is because there are going to be many 342 00:30:17,599 --> 00:30:21,859 farmers that left the countryside the same as in Europe the farmers are going 343 00:30:21,859 --> 00:30:28,400 to go to the to the cities in order to pay less taxes so they go from the 344 00:30:28,400 --> 00:30:31,880 countryside to the city in order to pay less taxes what they are going to do 345 00:30:31,880 --> 00:30:36,619 they are going to live begging so it means they are going to work in the 346 00:30:36,619 --> 00:30:44,420 countryside working for a landlord the living conditions are really bad so that 347 00:30:44,420 --> 00:30:50,859 they prefer to be in the cities begging for money and surviving on the street 348 00:30:50,859 --> 00:30:57,279 rather than being here controlled by the landlord okay and being treated as 349 00:30:57,279 --> 00:31:06,299 slaves and paying more taxes than in the city so many farmers will lost people 350 00:31:06,299 --> 00:31:11,299 working in the countryside not only because of the Moriscos but also because 351 00:31:11,299 --> 00:31:17,900 of these farmers that they are going to go to the cities and we need to talk 352 00:31:17,900 --> 00:31:21,940 about this fourth cause that is going to be that the Spain is going to run out of 353 00:31:21,940 --> 00:31:28,019 resources from america what does it mean that the the production of silver the extraction of 354 00:31:28,019 --> 00:31:34,819 silver in america is going to decrease during the second half of the 16th century okay so the 355 00:31:34,819 --> 00:31:40,420 production of precious metal is going to decrease let's check this chart this is the production from 356 00:31:40,420 --> 00:31:49,619 a this is the second half of the 16th century and this is the first half of the of the 17th century 357 00:31:49,619 --> 00:31:56,259 if you check in this hundred years is the moment when there is going to be a highest production of 358 00:31:56,259 --> 00:32:02,980 precious metals but in the second half of the 17th century is going to decrease a lot sharply 359 00:32:03,619 --> 00:32:09,859 okay so it means in the second half of the 17th century we are going to see how the production 360 00:32:09,859 --> 00:32:17,220 of precious metals has decreased a lot okay so that's the real point the production of 361 00:32:17,220 --> 00:32:22,440 precious metals is going to decrease really fast and a lot, ok? 362 00:32:22,440 --> 00:32:25,819 In the second half of the 17th century. 363 00:32:25,819 --> 00:32:31,500 So that's why this other factor is going to contribute to the agricultural crisis and 364 00:32:31,500 --> 00:32:38,420 the demographic decline, because the trading routes with America also are going to be threatened 365 00:32:38,420 --> 00:32:39,480 with pirates. 366 00:32:39,480 --> 00:32:43,740 So it means the production is going to decrease and the routes are going to be threatened 367 00:32:43,740 --> 00:32:44,740 by pirates. 368 00:32:44,740 --> 00:32:51,880 do you know that these are the routes in order to pick up the the metals the 369 00:32:51,880 --> 00:32:58,799 silver from Mexico to go to La Habana and then to to Spain again to Europe 370 00:32:58,799 --> 00:33:04,279 here this is the fridge goes to Panama gets the the silver from Peru and then 371 00:33:04,279 --> 00:33:09,640 goes back to La Habana and to Europe perfect the problem is which are going 372 00:33:09,640 --> 00:33:15,880 to be the areas of most a pirate activity Florida of course La Habana of 373 00:33:15,880 --> 00:33:24,799 course and the regions where the where the fleet is going to move through okay 374 00:33:24,799 --> 00:33:31,420 so the idea is these regions where the fleets are transporting are moving with 375 00:33:31,420 --> 00:33:38,019 the silver and gold mostly silver so that's the idea okay so the attack of 376 00:33:38,019 --> 00:33:43,119 the pirates are going to decrease also these trading routes okay the production 377 00:33:43,119 --> 00:33:49,019 the the trading routes the the trading routes with America so these are the 378 00:33:49,019 --> 00:33:55,039 four main causes of this agricultural crisis and demographic decline we have 379 00:33:55,039 --> 00:33:58,579 three more we are going to see that in the next slide and we finish with that 380 00:33:58,579 --> 00:34:02,559 okay so the idea is we are going to be involved in more wars than other 381 00:34:02,559 --> 00:34:09,460 countries second we are going to lose farmers due to this expelling of the 382 00:34:09,460 --> 00:34:14,980 Moriscos and also these farmers going to the cities and finally that the trading 383 00:34:14,980 --> 00:34:19,300 routes with America are going to decrease as well as the production of 384 00:34:19,300 --> 00:34:24,059 precious metals so that's the idea the production of precious metal is going to 385 00:34:24,059 --> 00:34:29,679 decrease the trading routes are going to be affected by the pirates so the trade 386 00:34:29,679 --> 00:34:34,360 with America is going to decrease, so it's going to affect the economy. 387 00:34:34,360 --> 00:34:41,579 We have less farmers because of the expulsion of moriscos and the farmers leaving the countryside. 388 00:34:41,579 --> 00:34:44,480 And finally this worse. 389 00:34:44,480 --> 00:34:45,739 So three more. 390 00:34:45,739 --> 00:34:49,000 There was also a crisis in the craft industry. 391 00:34:49,000 --> 00:34:51,320 It means the manufactured products. 392 00:34:51,320 --> 00:34:59,179 Why we are going to have a crisis in the craft industry in Spain if in England and the Netherlands 393 00:34:59,179 --> 00:35:08,940 they are increasing their textile production, because in Spain to produce these products 394 00:35:08,940 --> 00:35:14,300 is going to be more expensive than in the Netherlands or in the UK. 395 00:35:14,300 --> 00:35:18,679 So that, what are they going to do the Spanish people, to buy these products in Spain that 396 00:35:18,679 --> 00:35:22,179 they are more expensive than in the UK or to the UK? 397 00:35:22,179 --> 00:35:23,900 Of course to the UK. 398 00:35:23,900 --> 00:35:28,280 So that there is going to be a crisis of the craft industry, why? 399 00:35:28,280 --> 00:35:32,420 they cannot produce the same they need to produce less ok they cannot produce 400 00:35:32,420 --> 00:35:37,280 the same ok they are going to produce less because the people do not want to 401 00:35:37,280 --> 00:35:42,559 buy these Spanish products because they are cheaper in other countries so that's 402 00:35:42,559 --> 00:35:48,739 why our manufactured products are not competitively price in comparison with 403 00:35:48,739 --> 00:35:55,260 other countries valen que quiere decir se produce mas barato el producto en 404 00:35:55,260 --> 00:36:03,179 reino unido y en y en los países bajos antes que en españa por tanto la gente compras no en españa 405 00:36:03,179 --> 00:36:09,760 sino fuera que ocurre con la industria española si nadie le compra que entra en crisis esa es la idea 406 00:36:09,760 --> 00:36:16,500 ahora me podéis preguntar por qué es más barato producir allí porque tienen maquinaria porque 407 00:36:16,500 --> 00:36:21,599 tienen se ha invertido dinero que en españa no se ha invertido es decir si yo quiero mejor la 408 00:36:21,599 --> 00:36:25,559 production edit more machines produce faster and produce cheaper with 409 00:36:25,559 --> 00:36:29,699 cheaper products that occur in Spain did not invest money in that did not 410 00:36:29,699 --> 00:36:33,539 invested remember in the 16th century with America did not invest money in 411 00:36:33,539 --> 00:36:37,320 manufacturing production therefore it was more expensive to produce in Spain than 412 00:36:37,320 --> 00:36:42,179 outside therefore I buy outside and not inside I buy outside of Spain not inside 413 00:36:42,179 --> 00:36:50,480 what I said trade with America is going to decrease ok and finally 414 00:36:50,480 --> 00:36:58,079 There are going to be other colonial empires establishing trade in post in the Americas in order to sell their produce there. So imagine 415 00:36:58,860 --> 00:37:00,900 Spain is controlling America 416 00:37:00,900 --> 00:37:08,679 But suddenly one two islands now are in hands of the British or in hands of the French and this French that they produce 417 00:37:08,960 --> 00:37:14,159 Cheaper the products are going to start selling it in America, even if it's illegal 418 00:37:14,659 --> 00:37:17,619 So what is going to happen to the colonial trade this? 419 00:37:17,619 --> 00:37:22,780 Spanish colonial trade with America that is going to decrease because there are 420 00:37:22,780 --> 00:37:28,900 going to be different islands that they are now going to be in hands of the 421 00:37:28,900 --> 00:37:36,820 British for example or the French and these people okay that they can produce 422 00:37:36,820 --> 00:37:41,800 in France and in the and in England these products cheaper are going to sell 423 00:37:41,800 --> 00:37:47,380 these products in America also cheaper than the Spanish so that the Spanish 424 00:37:47,380 --> 00:37:51,159 territories the Spanish people in America are not going to buy these 425 00:37:51,159 --> 00:37:55,719 products to the peninsula to the Iberian Peninsula to the Spanish in the 426 00:37:55,719 --> 00:38:04,300 peninsula they are going to buy them to who the British or the French okay or 427 00:38:04,300 --> 00:38:11,559 the Netherlands these are from the Netherlands okay so that's it these are 428 00:38:11,559 --> 00:38:17,280 the main reasons of this economic crisis, of this agricultural crisis and this demographic 429 00:38:17,280 --> 00:38:18,800 crisis, ok? 430 00:38:18,800 --> 00:38:25,940 So that we are going to have, we are going to be involved in more wars than other countries, 431 00:38:25,940 --> 00:38:29,480 that we are going to expel the moriscos and the farmers are going to leave the countryside 432 00:38:29,480 --> 00:38:36,000 so we have less farmers to produce, and they are going to decrease, these factors are going 433 00:38:36,000 --> 00:38:38,820 to decrease the agricultural production. 434 00:38:38,820 --> 00:38:42,760 That Spain is going to run out of resources from America because the production is going 435 00:38:42,760 --> 00:38:47,260 to decrease and also the trading routes are going to be attacked by pirates. 436 00:38:47,260 --> 00:38:55,139 And finally this, that our craft industry cannot compete with the British or the Netherlands 437 00:38:55,139 --> 00:39:04,139 ones, the Dutch ones, so it means the products are more expensive in Spain rather than in 438 00:39:04,139 --> 00:39:07,579 the UK or in Great Britain or in the Netherlands. 439 00:39:07,579 --> 00:39:12,019 So the people in Spain are going to buy these products to these other countries. 440 00:39:12,019 --> 00:39:17,980 That the trade with America is going to decrease due to piracy and also, because of this, new 441 00:39:17,980 --> 00:39:25,860 trading posts in the Americas by other colonial empires, the French, the British or the Dutch. 442 00:39:25,860 --> 00:39:30,179 That they are going to start selling their products in America, in the Spanish America, 443 00:39:30,179 --> 00:39:38,659 cheaper than the Spanish products coming from Spain, from the Iberian Peninsula. 444 00:39:38,659 --> 00:39:43,739 So that's why there is going to be a crisis in the 17th century, an agricultural and demographic 445 00:39:43,739 --> 00:39:48,980 crisis in the 17th century in Spain that is going to be deeper than in the rest of Europe. 446 00:39:48,980 --> 00:39:55,719 But remember, in Europe what we have is also an agricultural and demographic crisis. 447 00:39:55,719 --> 00:39:58,420 In the next video we will see the society.