Farming and trade were neglected
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.
Economis decline is what caused the naval superiority to decline then
The decline of the Spanish Empire in the 1600s was primarily caused by economic problems, including heavy debt from wars and overspending, as well as the loss of valuable colonies and trade routes to other European powers.
Farming and trade were neglected
The smallpox epidemic decimated the Pueblo population in the 1600s. This epidemic, along with other factors, such as Spanish colonization and suppression of indigenous cultures, contributed to the decline of the Pueblo people during this time.
it depended on imperialism
Massachusetts didn't exist as Massachusetts in the 1600's so there was no economy.
English
farmers
by flying
A contracting economy is one that is on the decline. The opposite of a contracting economy is a growing economy.
prices rise