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During this period, Spain was growing extremely wealthy because of their expanding American Empire. Gold and Silver flooded back to Spain in such quantities that it caused a depression, but the trade fleets also carried food, luxury items (including, for the first time in Europe, Chocolate) and raw materials such as Cotton. The wealth of Spain enabled the Spanish kings to wage a series of European wars, resulting with them having widespread territories in the Netherlands and Italy by the end of the 17th Century. These European possessions added more wealth to Spain. On the other hand, poverty was still widespread amongst the lower classes.
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What kind of economy does Spain have?
Spain has a "Mixed Capitlalist Economy"
What is a summary of our economy under Spain?
our economy under Spain
What kind of economy does Spain?
Spain has a "Mixed Capitlalist Economy"
Philippine economy under Spain?
The Philippines have not been 'under' Spain for more than 100 years.
Is Spain a market economy command economy or mixed?
mixed economy
Is the economy in Spain good or bad?
I think that spains economy is good
Does Spain use free market economy principel?
No, command economy
What type of economic system does Spain have?
Spain has a mixed capitalist economy.
Is Spain's economy good?
yes
What is spain's type of economy?
either a housing market economy or a modern economy. not sure which one!
Why were spanish in California important to Spain's economy?
beacuse spanish comes from Spain
Does Spain's culture influence its economy?
Yes
