1. Absolute Monarchs in Europe
Spanish Empire and Philip II

2. Philip II Protector of Catholic Church Muslims (Ottoman Empire)
Europe (Protestants)
Concerned with growing power of Portugal
Large army
Focused on Gold and Silver
Built Escorial Palace

3. Golden Age of Art Diego Velazquez El Greco
Scenes of royal family and court life
El Greco
Expressed emotion along with Catholic faith

4. Inflation – too much silver leads to decrease in value
Economic Issues
Military Issues
Inflation – too much silver leads to decrease in value
Taxes – upper class pays no taxes, lower class difficult to gain wealth
Loans- from Germany and Italy
Spanish Armada – failed attack against England
Rebellion in Netherlands last over 10 years