MILESTONES OF THE ROMANIAN ECONOMIC LIFE IN THE FEUDAL ERA
MILESTONES OF THE ROMANIAN ECONOMIC LIFE IN THE FEUDAL ERA

Summary/Abstract: The end of slavery in the ninth and tenth centuries in France, England, Italy, and Germany contributed to the emergence and the crystallization of a new historical epoch - feudalism. On the territory of our country, as well as in other Eastern European states, feudalism emerged much later, only between the tenth and fourteenth centuries, with the disintegration of village communities. From this is when the economic gap between Western Europe and Eastern Europe begins. Among the economic factors and policies that triggered the economic gap between Western and Eastern Europe we recall: geographical discoveries (century XIV - XVI) due to which the western European states will know an economic development that two or three centuries may they will later contribute to the emergence of the industrial revolution; the domination of the Ottoman Empire over the Eastern European states on for almost five centuries it has affected their historical course and economic life. From the above it turns out that the germs of capitalism have been present in Western Europe since the fourteenth and sixteenth centuries, while in Eastern Europe's capitalist relations appear only in the twentieth century. XVIII when the decline of the Ottoman Empire takes place.

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