Book contents
- An Economic History of the Iberian Peninsula, 700–2000
- An Economic History of the Iberian Peninsula, 700–2000
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface: By Way of Presentation
- Introduction
- Part I The Making of Iberia, 700–1500
- Part II Globalization and Enlightenment, 1500–1800
- 10 Patterns of Iberian Economic Growth in the Early Modern Period
- 11 Population of the Iberian Peninsula in the Early Modern Period: A Comparative and Regional Perspective
- 12 Institutions and Policy, 1500–1800
- 13 Early Modern Financial Development in the Iberian Peninsula
- 14 Science, Knowledge and Technology, 1500–1800
- 15 Living Standards, Inequality and Consumption, 1500–1800
- 16 Trade and the Colonial Economies, 1500–1828
- 17 The Economic History of Iberia in a Wider Context, 1500–1800
- Part III Industrialization and Catching Up, 1800–2000
- References
- Index
15 - Living Standards, Inequality and Consumption, 1500–1800
from Part II - Globalization and Enlightenment, 1500–1800
Published online by Cambridge University Press: 22 February 2024
- An Economic History of the Iberian Peninsula, 700–2000
- An Economic History of the Iberian Peninsula, 700–2000
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Preface: By Way of Presentation
- Introduction
- Part I The Making of Iberia, 700–1500
- Part II Globalization and Enlightenment, 1500–1800
- 10 Patterns of Iberian Economic Growth in the Early Modern Period
- 11 Population of the Iberian Peninsula in the Early Modern Period: A Comparative and Regional Perspective
- 12 Institutions and Policy, 1500–1800
- 13 Early Modern Financial Development in the Iberian Peninsula
- 14 Science, Knowledge and Technology, 1500–1800
- 15 Living Standards, Inequality and Consumption, 1500–1800
- 16 Trade and the Colonial Economies, 1500–1828
- 17 The Economic History of Iberia in a Wider Context, 1500–1800
- Part III Industrialization and Catching Up, 1800–2000
- References
- Index
Summary
Between 1500 and 1800, Iberian society was characterized by high inequality of income and wealth, low real wages that stimulated working relatively long hours and days, and some expansion consumption focused on low-quality manufactures. Despite the high levels of wealth of the upper groups living in large urban centers such as Madrid, Lisbon or Seville, Iberian consumption patterns did not experience a consumption revolution as they were highly conditioned by relatively low living standards. Although the second half of the eighteenth century was a turning point in Portugal and Spain – due to a reduction in the price of manufactured goods and greater openness to cultural foreign influences – economic and social changes excluded many disadvantaged groups of low-income earners, women, young children and poor people.
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- An Economic History of the Iberian Peninsula, 700–2000 , pp. 385 - 408Publisher: Cambridge University PressPrint publication year: 2024