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A-level History > Spanish Economy > Flashcards

Spanish Economy Flashcards

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1
Q

What was Alcabala?

A

Tax on exports and imports

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2
Q

How much of Philip’s revenue was made up by alcabala?

A

80%

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3
Q

What was Millones?

A

Tax on luxury foods such as oil, meat and some bread

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4
Q

When was Milliones enacted?

A

1589

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5
Q

How much revenue did Milliones bring in?

A

8 million

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6
Q

What was excusado?

A

Tax on church property

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7
Q

When was excusado introduced?

A

1567

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8
Q

What was subusidio?

A

Tax on church income

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9
Q

When was subsidio made permanent?

A

1561

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10
Q

How much did Cruzada increase by during philip’s reign?

A

It quadrupled

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11
Q

What was Juros?

A

Borrowing money from nobility but had to pay back with interest

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12
Q

How much of Philip’s revenue was generated through the New World?

A

1/5 or 65 million ducats by 1568

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13
Q

Who were exempt from Income tax?

A

Nobility and clergy

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14
Q

Who had to pay income tax?

A

Peasantry

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15
Q

Who were the Genoa’s and the Fuggers?

A

Rich families who loaned money to Charles and Philip

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16
Q

What were Asientos?

A

Loans given by the Genoa and Fugger family

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17
Q

Who stole the Genoese Loan?

A

The British - Francis Drake

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18
Q

Who supplied the Genoese loan?

A

The Genoa family

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19
Q

What were Philip’s expenses?

A
  • War
  • Dutch
  • Armada
  • France
  • The Low Countries
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20
Q

How much did Philip spend on the Dutch in 1571?

A

18.5 million

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21
Q

How much did Philip spend on the Armada per month and for how long?

A

900,000 ducats per month for 3-4 years (1585-88)

22
Q

How much money did Philip spend fighting with France in the 1580s and 1590s?

A

30 million

23
Q

How much did Philip spend on the Low countries and when?

A

21 million in 1590s

24
Q

What were Philip’s debts?

A
  • inherited from Charles
  • repayments
  • juros
25
Q

How much debt did Philip inherit from Charles?

A

20 million from Charles

26
Q

How much debt was Philip in by 1598?

A

85 million

27
Q

How much did Philip have to repay each year?

A

5.5 million ducats

28
Q

How much did Philip have to repay in Juros?

A

50 million ducats

29
Q

What was wrong with the council of finance?

A
  • lacked expertise and experience
  • No central branch across the empire
  • No centralised currency
  • Took time and was dangerous to move money across the empire
30
Q

What were Charles’ expenditures?

A
  • War
  • Ottomans
  • Against France in Italy
  • Debt
  • Imperial Election
31
Q

How much did Charles spend on the Ottomans and France?

A

5 million

32
Q

How did Charles source the money to fund the fight against the Ottomans and French in Italy?

A

He borrowed it

33
Q

What did Charles rely on to pay for most of his expenditure?

A

36-65% of his expenditure was payed for with Juros

34
Q

How did Charles fund the imperial election?

A

From Castile and Aragon
600,000 from Castile and 250,000 from Aragon

35
Q

Where did Charles receive his income from?

A
  • Alcabala
  • Cruzada
  • Subsidio
  • Servicio
36
Q

How much of the crown’s revenue was Alcabala during Charles’ reign?

A

7.5%

37
Q

How much did Charles receive a year from cruzada?

A

120,000 ducats

38
Q

What were Isabella and Ferdinand’s income during their reign?

A
  • Cruzada
  • Alcabala
  • Cortes
  • Tax
  • Tithes
  • Military Orders
  • Granada
  • Jews
39
Q

How much money did Isabella and Ferdinand generate from Cruzada?

A

112 million

40
Q

What percentage of the crown revenue under Isabella and Ferdinand was from Alcabala?

A

80-90%

41
Q

How did Granada generate money during Isabella and Ferdinand’s reign?

A

There was higher taxes on Muslims

42
Q

How did the Jews create income during Isabella and Ferdinand’s reign?

A

Confiscated Jewish property once expelled

43
Q

What was Isabella and Ferdinand’s expenditure?

A
  • Granada
  • France
  • Ambassadors
  • Royal Household
  • North Africa
  • Marriage
  • War of succession
  • Mesta
44
Q

How much did Isabella and Ferdinand spend on Granada and France?

A

500 million ducats

45
Q

How much did Isabella and Ferdinand spend on Ambassadors and the Royal Household?

A

35 million ducats

46
Q

What were the Mesta?

A

The powerful organisation that controlled the movement of sheep across the iberian peninsula, defended and promoted the interests of the wool trade

47
Q

How much of the population were represented as peasantry under Isabella and Ferdinand?

A

95%

48
Q

How much income did Charles receive from the church in 1532?

A

372,000 ducats

49
Q

How much did Charles make from the Church in 1551?

A

500,000

50
Q

Who payed cruzada?

A

Laity and Clergy

A-level History (14 decks)

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