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The crisis of fourteen century?

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The crisis of fourteen century?
  • 2 answers

Kanan Jagotra 4 years, 1 month ago

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Gaurav Seth 4 years, 1 month ago

The Crisis of the Fourteenth Century

In Europe economic expansion slowed down. This was due to three factors:

  1. In Northern Europe, by the end of the thirteenth century the warm summers of the previous 300 years had given way to bitterly cold summers. Seasons for growing crops were reduced by a month.
  2. Trade was hit by a severe shortage of metal money because of a shortfall in the output of silver mines in Austria and Serbia. This forced government to reduce the silver content of the currency and to mix it with cheaper metals.
  3. Ships carrying goods from distant countries had started arriving in European ports. The ships came with rats carrying deadly bubonic plague infection (the Black Death).
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