AP European History Flashcards: Continuities and Changes to Economic Practice and Development
Written by AP Content Team, Verified for 2026 AP Exams, Last updated: May 2026
Review key ideas with interactive flashcards. This set includes 11 cards to help you master important concepts.
What was the Agricultural Revolution (1648-1815)?
A period where agricultural productivity was raised, which increased the supply of food and other agricultural products.
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What was the Agricultural Revolution (1648-1815)?
A period where agricultural productivity was raised, which increased the supply of food and other agricultural products.
What was a significant change in economic development from 1648-1815?
A significant change was the freeing of labor and trade from traditional government and corporate restrictions, fostering a market economy.
What were the primary outcomes of the Agricultural Revolution?
The primary outcomes were raised productivity and an increased supply of food and other agricultural products for the population.
Who organized production in the expanding cottage industry?
Merchant intermediaries or workshop owners organized production by providing materials to and collecting finished goods from laborers.
Define the 'putting-out system'.
The putting-out system, or cottage industry, was a method of production where merchant intermediaries had laborers produce goods for markets from their homes.
How did the role of government and corporate entities in the economy change from 1648-1815?
Labor and trade were increasingly freed from traditional restrictions that had been imposed by governments and corporate entities.
How did the putting-out system change the lives of laborers?
It allowed increasing numbers of laborers to produce goods for wider markets, often supplementing agricultural income, through arrangements with merchant intermediaries.
What developments accompanied the growth of the market economy?
The development of the market economy led to new financial practices and institutions.
What was a key continuity in economic development from 1648-1815?
A key continuity was the expansion of existing systems like the putting-out system, which grew to include increasing numbers of laborers.
Provide an example of a new financial practice and a new financial institution that arose from 1648-1815.
Examples include the development of insurance as a financial practice and the establishment of the Bank of England as a new financial institution.
What is another name for the 'putting-out system'?
Another name for the putting-out system is the 'cottage industry'.