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what is the cause of the spanish economy declined and at times spain was bankrupt
The Aztec economy ceased to exist. An economy of any group is based on trade whether in agricultural goods or manufactured items. The Aztec people who survived the many illnesses brought to them by the Spanish were enslaved by the Spanish losing all autonomy or control of their lives, culture, resources, and goods. They provided slave labor for mining operations, plantations, and any endeavor which would benefit Spain and the Spanish economy.
mixed economy
I think that spains economy is good
No, command economy
what is the cause of the spanish economy declined and at times spain was bankrupt
Spain's involvement in the silver trade caused the Spanish government to become very rich. However, the value of silver eventually declined so much that Spain went bankrupt.
The wars almost bankrupt Spain because it had massive war debts
beacuse spanish comes from Spain
beacuse spanish comes from Spain
beacuse spanish comes from spain
As of 2021, the world's richest Spanish-speaking country is Spain. Spain has a high standard of living and a diversified economy, with thriving industries such as tourism, manufacturing, and technology.
Spain has a "Mixed Capitlalist Economy"
our economy under Spain
Spain has a "Mixed Capitlalist Economy"
Some of the results of the Spanish Armada were the Spanish economy was in trouble. The gold and the silver that Spain received from the Americas caused high inflation.It signaled the decline of great European power. It also caused Spain's economy to crash. This defeat proved that England had the power to defend itself. And in the end, England remained an independent and Protestant nation.
In the 1600s, the Spanish economy was in decline whether the Netherlands economy was blooming into its Golden Age. A series of costly defeats in wars and territorial overreaching are attributed to the decline of the Spanish Empire.