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THE SPANISH HABSBURG DYNASTY, imagen, imagen, imagen, imagen, imagen,…
THE SPANISH HABSBURG DYNASTY
The religious wars
In the 16th century, the Spanish Monarchy became the most powerful in Europe
The religious wars
to retain territorial patrimony
numerous wars against other kingdoms
The riches obtained from the Americas were not sufficient to finance their foreign policies
so they indebted to
Italian bankers
German bankers
To defend Catholicism
they took measures to preserve religious unity
Their domestic policy continued to be discriminatory
they waged religiously motivated wars against the Protestant states
Economy and society in the 16th century
The port of Sevilla monopolised trade with the colonies through the Casa de Contratación
The arrival of precious metals on the Peninsula affected the Spanish Monarchy
In the following ways
The arrival of metals enriched the nobility
The craft industry began to grow due to an increase in demand from the American territories
It enabled the kings to finance the numerous wars
As they had more resources, the monarchs were able to begin more expensive projects
The economy continued to be based on agriculture
At the end of the 16th century, the Spanish economy went into decline
This fall in production also affected trade
Economy and society in the 16th century
The economy prospered due to the riches obtained from the Americas, especially silver and gold
