Home  Journals  International Accounting  24(318) - 2014 June

The economy of Medieval Europe in the 15th and 16th centuries

Available online: 5 July 2014

Subject Heading: CHAPTER OF HISTORY

JEL Classification: 

Pages: 52-62

The article considers the basic directions and distinctive features of economic development of the European countries within the feudalism decline period. The process of the creation of centralized states and single market within the designated area as the economic basis coincided with the transition from the traditional feudal system of the economic relations to capitalism. This period is called the initial accumulation. The author pays attention to the state of the agriculture, industrial manufacture, to the development of accounting thought, as well as to the social problems.

Keywords: capital, salaried employee, manufactory, crisis, revolution, colony, price, lease, box office, cashier, accounting, double-entry bookkeeping

References:

1. Agaptsov S. Pribyl’ prevyshe vsego, no chest’ prevyshe pribyli [Profit is above anything else, but honor is above profit]. Literaturnaya gazeta – Literary gazette, 2013, no. 42.
2. Barg М.А. Velikaya Angliiskaya revolyutsiya v portretakh ee deiatelei [The English Revolution in portraits of its statesmen]. Moscow, Mysl’ Publ., 1991.
3. Brodel F. Material’naya tsivilizatsiya. Ekonomika i kapitalizm. XV–XVIII vv. [Material civilization. Economy and capitalism. XV–XVIII centuries]. Moscow, Progress Publ., 1988, vol. 2.
4. Zapadnaya filosofiya: itogi tysyacheletiya: sbornik statei [The Western philosophy: the millennium’s results]. Yekaterinburg, Delovaya kniga Publ., 1997.
5. Panina E.V. Vzlety i padeniya. Izbrannye glavy ekonomicheskoi istorii [The highs and lows. The selected chapters of the economic history]. Moscow, Rossiiskaya gazeta Publ., 2011.
6. Sokolov Ya.V. V kakie dogmaty veril Luka Pacholi i chto oni znachat dlya nas. Luca Pacioli. Traktat o schetakh i zapisyakh [What dogmas did Luca Pacioli believe in and what do they mean to us? Luca Pacioli. The treatise on accounts and records]. Moscow, Finansy i statistika Publ., 2001.
7. Luca Pacioli. Traktat o schetakh i zapisyakh [The treatise on accounts and records. Summa de arithmetica, geometria, proportioni et proportionalita]. Moscow, Finansy i statistika Publ., 2001.
8. Skazkin S.D. Izbrannye trudy po istorii [Selected works on history]. Moscow, Nauka Publ., 1973.
9. Теnеnbаum B. Rokovye strasti Tyudorov [Tudors’ fatal passions]. Moscow, Eksmo Publ., 2013.
10. Tsygankov K.Yu. Istoriya uchetnoi mysli [History of accounting thought]. Moscow, Magistr, INFRA-M Publ., 2013.
11. Chernyak V.Z. Istoriya predprinimatel’stva [History of entrepreneurship]. Moscow, YUNITI-DANA Publ., 2010.

View all articles of issue

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 27, Iss. 4 April 2024

Archive