The image of a large clock next to an unproductive worker tells the importance of utilizing every minute of production time.
<h3>What is production
time?</h3>
This is known to be the time that is needed for the production of goods and services.
Therefore, The image of a large clock next to an unproductive worker tells the importance of utilizing every minute of production time as time is very vital in all.
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1517: Luther takes the pope to task
1517: Luther takes the pope to task. ...
1519: Reformist zeal sweeps the south. ...
1520: Rome flexes its muscles. ...
1521: Luther stands firm at Worms. ...
1525: Rebels are butchered in their thousands. ...
1530: Protestants fight among themselves. ...
1536: Calvin strikes a chord with reformers.
Renaissance became a turning point in the South of Europea that later spread to the whole continent. It had a philosophical as well as social, scientific and cultural connotation where old Medieval thought was finally no longer legitimate. It is most known for the representations in the art with the works of the Italian artists, however, we need to recognize it drove the emerging model of the economy at the time (known today as mercantilism) and also regained lost Greek and Ancient cultures knowledge that formerly was prohibited by the Catholic church.
Europeans engaging in the Renaissance became much more centered on the human aspects of life and still continued to practice religion but the former institutions from the Catholic church were significantly diversified into other Institutions, While the Reformation was an effort to reform the current state of situations in Christianity led by Luther, it especially further led to a time of economic progress and cultural development. It became one of the leading social movements that spread across the north of Europe. The people identifying with Reformation ideas began to develop a new way of economic life privileging money savings. This new change on paradigm brought salvation and prosperity towards the common European peoples. The Protestant Ethic and Spirit of Capitalism is a study of the relationship between the ethics of Reformation and the emergence of the spirit of the modern capitalism.
