King Philip II

EconomicsMovie power Philip II obtained the thrown of Spain from his farther, the Roman Emperor Charles V. Philip transmissible a lot of land in South America, including most(prenominal) of modernistic Brazil, Peru, Honduras and Mexico. Despite all he owned, office Philip belt up managed to slang debt throughout his reign of Spain. King Philip had difficulty managing bills because he kept encountering many different financial burdens. The cooperate half of Philips reign was dominated by the revolt of the Netherlands. Although the Dutch were at long last suppressed by King Philip, victory was obtained with much depreciate to Spain?s wealth. English make of the Dutch rebels and their persistent attacks on Spanish shipping conduct King Philip attempt to interest England. This was to be done by his invincible Spanish Armada. In 1588, the Spanish armada was defeated by the quicker English Navy. The termination of a large actuate of the Armada was devastating for Sp ain. Since the Americas had been reached before King Philip II took thrown, the Spanish effected colonies during his reign. Before King Philip?s reign, Spain saw endless golden from Hernando Cortez?s capture of Aztec?s gold in the 1530s. influent gold from Americas decreased in quantity since then. King Philip did non feel the need to aid stimulate Spain?s economic system by investing in it. Instead he relied completely on having gold brought in from the Americas.

From this gold, he had bought everything he indispensable from other European countries, the ones which really produced their own products to sell to Spain. When in(prenominal) America! n gold became inadequate, he unsuccessfully placed increasingly burdensome taxation on his people and took out loans. This raging his people since Spain never had a simulating economy to begin with. every(prenominal) this was not enough to finance his foreign wars and interventions throughout the world. By the... I wish I was enrolled at this college. It must be a breeze. This would barely qualify as a jr. High paper. If you want to get a full essay, send it on our website: OrderCustomPaper.com

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