Spanish Empire at its Height

Spain's Empire and European Absolutism Two-Column Notes Spain's Empire and European Absolutism Causes Effects

Spains Empire and European Absolutism Causes Effects Spain built a powerful army and navy Spain’s monarchs and nobles became patrons of artists, leading to a golden age in the arts. The gold and silver coming from its vast empire made Spain incredibly wealthy. Philip II

Spains Empire and European Absolutism Causes Effects Spain suffered from severe inflation. Value of $ goes Price of goods goes Population Demand for food and other goods Prices Silver floods market, its value dropped and it took more to buy anything.

Spains Empire and European Absolutism Causes Effects The Spanish economy declined and at times Spain was bankrupt. severe inflation lack of a middle class expulsion of Jews and Muslims outdated manufacturing methods high cost of wars

Spains Empire and European Absolutism Causes Effects The Dutch rebel Protestant provinces of the Netherlands unite and declare independence from Spain. Philip raised taxes in the Netherlands and tried to crush Protestantism. Philip II

Spains Empire and European Absolutism Causes Effects The Dutch became wealthy from trade and banking. Dutch have: stable government strong middle class large naval fleet Mighty trading empire

Spains Empire and European Absolutism Causes Effects European monarchs became more powerful. decline of feudalism rise of cities creation of a middle class growth of national kingdoms