Search results
Results From The WOW.Com Content Network
In the words of the OECD's 1987-88 survey of the Spanish economy, "following a protracted period of sluggish growth with slow progress in winding down inflation during the late 1970s and the first half of the 1980s, the Spanish economy has entered a phase of vigorous expansion of output and employment accompanied by a marked slowdown of inflation."
Concurrent with the military and economic issues there was a depopulation in metropolitan Spain. The Spanish decline was a historical process simultaneous to the purpoted [2] general crisis of the 17th century that swept most of Eurasia, but which was especially serious for Spain.
The Price Revolution, sometimes known as the Spanish Price Revolution, was a series of economic events that occurred between the second half of the 16th century and the first half of the 17th century, and most specifically linked to the high rate of inflation that occurred during this period across Western Europe. Prices rose on average roughly ...
The Spanish discovery of silver in huge deposits was the great transformative commodity for the Spanish empire's economy. Discovered Upper Peru (now Bolivia) at Potosí and in northern Mexico, silver mining became the economic motor of the Spanish empire. [19] Spain's economic power was built on silver exports from Spanish America.
The economy of Spain is a highly developed social market economy. [29] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe.Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
An anachronous map showing areas pertaining to the Spanish Empire at various times over a period exceeding 400 years. Despite the mutual trade exclusion that existed between Spain and Portugal in the early 16th century, Portuguese merchants still acquired goods from the Spanish. This led to a Portuguese dominance on the pepper trade within Europe.
The Spanish institutions of the Ancien Régime were the superstructure that, with some innovations, but above all through the adaptation and transformation of the political, social and economic institutions and practices pre-existing in the different Christian kingdoms of the Iberian Peninsula in the Late Middle Ages, presided over the historical period that broadly coincides with the Modern ...
Estimates of the pre-Columbian population of the Americas vary but possibly stood at 100 million—one fifth of humanity in 1492. Between 1500 and 1600 the population of the Americas was halved. In Mexico alone, it has been estimated that the pre-conquest population of around 25 million was reduced within 80 years to about 1.3 million.