20120322 Follow Me 315 Seventeenth-Century European Economic Growth

Hehe~ It really seems closer to English exams.

The fast development of European economy in 17th century was mainly due to the enhancement of agriculture productivity and the trade. The enrichment of agriculture productivity facilitated the rural industry's growing, later brought the need of financial market, which also contributed to the international trade, creating favorable conditions for the whole area's development and new financing forms, such as stock companies, sprang up.

Economic history is not that interesting compared with others. But what we got from this artical is very meaningful, for the Seventeenth-Century European Economic Growth palys an important role and can even has impressed today's economy deeply. Thank you for sharing this artical with us and hope for more outlook materials.