17th Century Europe: Absolutism, Parliamentarism & Mercantilism
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17th Century Transformations
Political Shifts: Decline of Spain & Rise of Absolutism
Serious international confrontations led to the decline of Spain's hegemony in Europe. Authoritarian monarchy was replaced by absolute monarchy.
Economic Changes: Mercantilism and Financial Capitalism
The rise of commerce encouraged financial capitalism, and most states imposed mercantilism as their economic policy.
Social Upheaval: The Rise of the Bourgeoisie
The traditional society of the three estates began to fracture due to the rise of the bourgeoisie.
Cultural & Scientific Revolution: Birth of Modern Science
The 17th century witnessed the birth of modern science. The application of experimental methods gave rise to a scientific revolution.