Economic Autonomy and Spain's reaction Flashcards

1
Q

growing autonomy of criollos confidence

A

de facto self rule
1760s-90s - criollo resentment
1790s-1810s - spain weak, criollo confidence
1808-1810 - loyalty? pragmatic? belief in spain?

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2
Q

1700 - colonies economically

A

colonies replacing spain economically, increasing local production and intercolonial trade
bourbon wants to recolonise them economically

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3
Q

1700 - bourbons economic recolonisation

A

end of fleet system - greater protectionism
increase in sales tax
increase indigenous tribute
inter-colony trade allowed only if it didnt compete with spain
colonial production prohibited - wheat, wine, olive oil, obrajes

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4
Q

why was there a silver decline?

A
need for deeper mining - delay and rising costs
heavy taxation
inefficiency of spanish controls
insufficient mercury
depopulation - labour shortage
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5
Q

improvements in spanish/spanish american trade due to the bourbon reforms

A

colonies opened up to all parts of spain
1778-96 - exports to america x3
1778-88 - spanish trade grew 800%

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6
Q

benefits/disadvantages of bourbon reforms economically

A

some mining recovery
population growth, new silver sources, technology
colonial production boomed, so did foreign goods
BUT - most colonies suffered

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7
Q

Viceroyalty of Peru in late 16thc

A
based in Potosí
richest colonial centre
focal point for labour demand and vast satellite economy and society based on:
agriculture - cotton and guano
wheat and sugar
shipbuilding
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8
Q

agricultural development

A

commercial plantations for sugar replaced indigenous subsistence agriculture
indigenous loss of water/land rights
latifundios and minifundios - too small for self-sufficiency
cacao in Venezuela
timber and livestock
la plata - boom in hides and wool

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9
Q

small scale manufacturing 16thc

A

wine competed well with spanish imports
textiles - obrajes - competed well, 10% of spanish prices
shipbuilding
agricuultural and manufacturing developments - a growing but illegal intercolonial trade

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10
Q

Bourbon steps to economic reform:

A

1715 - Spain allowed Cadiz into atlantic trade
1743 - report by finance minister
1750 - spain took slave trade away from portuguese and brazil = greater control
1764 - crown monopoly of tobacco
1765 - degree of limited comercio libre - several caribbean and 9 spanish ports
1778 - extended to most colonies and all spanish ports

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11
Q

Gold in Brazil

A

1595 - gold - Minas Gerais
1718-35 - more discoveries in Mato Grosso, Goiás - gold rush
worlds largest gold producer by 1700
1729 - diamonds

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