Regina Grafe
- Published in print:
- 2012
- Published Online:
- October 2017
- ISBN:
- 9780691144849
- eISBN:
- 9781400840533
- Item type:
- chapter
- Publisher:
- Princeton University Press
- DOI:
- 10.23943/princeton/9780691144849.003.0003
- Subject:
- Economics and Finance, Economic History
This chapter uses bacalao instead of grain in understanding market integration and its link with the political economy, analyzing the emerging cod trade in more detail and contextualizing the cod ...
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This chapter uses bacalao instead of grain in understanding market integration and its link with the political economy, analyzing the emerging cod trade in more detail and contextualizing the cod market within the frame of the new Atlantic trades. These were transoceanic in origin, and they brought about a new, global economy; but they also transformed in their course the domestic economies and societies of Europe. The rise of these transoceanic goods to staple commodities in European countries has offered historians a unique opportunity to investigate the emergence of the early stages of a “consumer culture” in Europe and the expansion of markets that accompanied it.Less
This chapter uses bacalao instead of grain in understanding market integration and its link with the political economy, analyzing the emerging cod trade in more detail and contextualizing the cod market within the frame of the new Atlantic trades. These were transoceanic in origin, and they brought about a new, global economy; but they also transformed in their course the domestic economies and societies of Europe. The rise of these transoceanic goods to staple commodities in European countries has offered historians a unique opportunity to investigate the emergence of the early stages of a “consumer culture” in Europe and the expansion of markets that accompanied it.
