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(Ref. 8 , 119 )

Switzerland

The Swiss were the best soldiers in Europe and were frequently hired out as mercenaries and they repulsed all attempts of the Austrian dukes to enforce feudal rights. In 1315, after defeating the Habsburg dukes by rolling rocks down the hills on to the knights, at the battle of Morgarten, three cantons made the further step of forming the Swiss Confederacy, on their way to establishing the most stable and sensible democracy in history. Soon the original three cantons had been joined by five others. The Confederacy, however, remained a part of the Holy Roman Empire, although the southern communes emancipated themselves from the domination of the House of Habsurg by defeating Leopold II of Swabia, in 1388. Blamed for spreading the Black Death, Jews were persecuted at Lake Geneva and Basel. (Ref. 222 )

Western europe

Famines, the Black Death (1346-53) and social and economic strife reordered the manorial system throughout western Europe, with the previous servile tenant becoming either a free-holder or wage worker. Laborers organized and revolts erupted. (Ref. 8 ) After 1350, for a hundred years there was a sharp drop in population and concomitantly a rise in the standard of living for the survivors of the epidemics and famines, as they inherited property and had more land for use and could concentrate on only the good, productive land. (Ref. 260 )

Spain

Racially and geographically Spain was lacking in unity. Its population was a mixture of many stocks - Iberian, Celtic, Carthaginian and Roman, Teutonic and Arabic, Moorish and Jewish - and its mountains had prevented it from acquiring homogeneity.

In the Christian areas they had only religion in common. The one saving grace of 14th century Spain was wool, the chief source of royal revenue. By 1400 this country was exporting wool all over Europe and especially to Tuscany, while English exports there had dropped. (Ref. 213 , 222 )

Bands of mercenaries employed by every side took place in dynastic wars over most of the country. Although the successors of Alfonso X were not very capable, Alfonso XI (1340) did defeat an attack of Spanish and Moroccon Moslems and ended the African menace. This battle of Rio Salado (1340) saw perhaps the first use of cannon in Europe. (Ref. 281 ) Throughout the Hundred Years War, Castile supported France but tried to avoid actual hostility with England. Pedro the Cruel came to power in mid-century and, helped by the Franciscan monks, promoted a terrible persecution of Jews. Some of the latter converted to Christianity while others fled or were killed. Otherwise Pedro's reign was little more than a dynastic struggle with his half-brother, Enrigue (Henry) Trastamara.

The French, outraged by Pedro's treatment of his French wife, sent Du Guesclin to Spain to support Enrigue, while the English supported Pedro until they, too, became estranged by the kings' viscous character. Ultimately Enrigue defeated and killed Pedro and subsequently reigned as Enrigue II Trastamara. In Spanish history this was the "Trastamara usurpation" of 1369. Peace was made with both Aragon and Portugal by 1374. (Ref. 222 ) Enrigue's son, John I, and grandson, Enrigue III followed him on the throne before the end of the century.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
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Venny Reply
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information
Eliyee
devaluation
Eliyee
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WARKISA
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Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
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Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
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Shukri
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Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
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Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
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Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, A comprehensive outline of world history. OpenStax CNX. Nov 30, 2009 Download for free at http://cnx.org/content/col10595/1.3
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