Economy Flashcards
When did Seville boom?
1503 onwards
How did the population of Seville grow?
50,000 in 1533 to 120,000 in the 1590s
How much did New World trade increase?
By 238% between 1562 and 1608
When was the export of New World silver allowed outside of Spain?
1566
Which industries were strong in Spain?
Ship building in the north
Wool production - the Mesta
When did the population of Spain grow?
Up to the 1580s
How many people were killed by plague between 1596 and 1602?
600,000 people
What proportion of the weapons used in the Morisco revolt were foreign?
80%
How many artillery pieces were used in the armada? All were foreign made
2,400
How did wool trade with the Low Countries fall as a result of the Dutch revolt?
25,000 sacks of wool were traded in 1567 compared to 40,000 the year before
What change took was noticed in 1598 in the New World?
For the first time, more silver left for Asian markets than for Spain
The New World had become far more self-sufficient, no longer relying on Spanish merchants
Was Spain producing enough grain?
No, during Philip’s reign Spain was a net importer of grain
Why was Spain poor farming land?
1/6 of Spain was 1,000m or more above sea level
Plot the change over time in crown income
Rose by 180% from 1556 - 1577, then slowed to only rise by 48% to 1598
How much did the yearly royal income rise?
From 3 million p.a. in 1559 to 10.5 million p.a. in 1590s
However, spending rose even faster
