Economic Reforms of the 18th & 19th centuries

Throughout the economic reforms of the 18th and 19th centuries life for the peasantry moved from one ill to another. The turbulent economic changes that marked this period would benefit the lifestyle of one generation only to completely impoverish the next. It wasn't until the latter part of the 19th century that the standard of living for the average citizen moved toward what could be considered comfortable. In the early part of the 1700s the …

…spurred industry to an even greater extent. I feel it evident that these economic reforms consistently threw the lives of the average citizen into upheaval. We must not overlook, however, the ultimate good this period did for the world. Were it not for the willingness of those early capitalists to take advantage of the peasantry as they did, we would all likely be farming a small plot of land and heating or homes with dung.