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- URN to cite this document:
- urn:nbn:de:bvb:355-epub-542009
- DOI to cite this document:
- 10.5283/epub.54200
Abstract
The pre-modern economy had some particularities compared to today. For one, its most important sector, agriculture, was much more vulnerable to weather shocks. Secondly, the flow of goods and information was much more cumbersome and slower, and the uncertainties associated with the mobility of people, goods and money were manifold. This led to comparatively high risks and generally higher ...
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