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Why did Spain's economy deteriorate and englands improve in the sixteenth century?
Spain's economy deteriorated in the sixteenth century largely due to excessive reliance on silver and gold from its colonies, leading to inflation and a lack of diversified economic development. Additionally, costly wars, inefficient taxation, and political instability further weakened its financial stability. In contrast, England improved its economy through agricultural advancements, a growing merchant class, and the establishment of trade networks, which fostered a more balanced and resilient economic structure. This shift laid the groundwork for England's rise as a global power in the subsequent centuries.
What else can I help you with?
What was New Englands economy?
englands economy is weens
An element that was not a part of New Englands colonial economy was?
mining
What was stimulated by the economic events during the sixteenth century?
Population growth. When the economy began to do better, people were better off and could live much longer lives.
Who had the largest economy in the world at the end of the eighteenth century?
India
By the late twelfth century what economic activity replaced agriculture as the most dynamic force in the European economy?
By the late twelfth century trade replaced agriculture as the most dynamic force in the European economy.
What was New Englands economy?
englands economy is weens
The one factor responsible for the quickening of China's economy in the sixteenth century was the?
It was the initiation of trade with Portugal
What New England economy?
englands economy is weens
What group did not participate in new englands economy?
manufacturers
An element that was not a part of New Englands colonial economy was?
mining
What is the largest part of New englands economy today?
texile industries
Which was an important part of New Englands economy by the 1660s?
wood export
What was stimulated by the economic events during the sixteenth century?
Population growth. When the economy began to do better, people were better off and could live much longer lives.
What was the stimulated by the economic event during the sixteenth century?
Population growth. When the economy began to do better, people were better off and could live much longer lives.
What factor contributed most to englands industrial success?
A strong pre-industrial economy.
What did the Spanish discover at Potosi in the sixteenth century?
In the sixteenth century, the Spanish discovered a vast silver deposit at Potosi in present-day Bolivia. This discovery led to the establishment of one of the richest silver mines in the world and attracted thousands of miners and settlers seeking wealth. Potosi's silver production had a significant impact on the global economy and played a key role in financing the Spanish Empire.
King Charles II believed englands mercantile economy was threatened when foreigners were excluded from colonial trade?
False
