ABSTRACT

The Renaissance unleashed the forces that were ultimately to provide the climate for the development of economics as a separate discipline. Historians are not in complete agreement as to the exact time-span during which the many and complex forces that were to destroy feudal economic, political, social, and religious life were at work. Usually, the beginning of the Renaissance is placed at the time of the fall of Constantinople (now Istanbul) in 1453, though many of the events of the eleventh and twelfth centuries heralded the changes that reached fuller development in later centuries.