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THE ECONOMIC CRISIS IN SPAIN, image, image, image - Coggle Diagram
THE ECONOMIC CRISIS IN SPAIN
WHAT
Spanish monarchy involved in more wars than other European powers.
Factors
contributed worsening of agricultural crisis
resulting in demographic decline
In Spain
The agricultural crisis and the decline in the population
Pícaros
People from a low social class
Manage to survive
Deceiving and cheating others
More predominant
Others migrated to America
to escape poverty
1609
expulsion of Moriscos
more than 300 000 people left the Peninsula
very negative effect on agriculture
Aragón
Valencia
Farmers left the countryside
hard way of life
migrated to the cities where they survived by begging
The trade and craft industry crisis
In craft industry
manufactured products not competitively priced with other countries.
Spanish monarchy ran out of resources
Mines
almost empty
Spanish monarchs' source income decreased
the Americasunder threat from pirates and smugglers
Trade with the Americas
decreased
established locally to meet the demand.
