There was very low economic growth during this time, along with an unsettle financial system and mild deflation. This was all due to the Great Depression and the First World War.
The Protestant Reformation took place in the 16th century and was led mainly by Martin Luther. According to Luther, the Jews represented another challenge to Christian teachings, so he thought it was right to persecute Jews, as well as to set fire to their synagogues, to prohibit rabbis to teach about Judaism, to destroy Jews' homes, to sanction them economically and even to force them to do forced labor.
