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The church of Santiago di Compostela brought many pilgrims into the region. Along with religion spreading many political and economic ideas were being communicated by this influx of outsiders entering Spain. [3] Christians began the Middle Ages with control over the peninsula and would then lose it and reclaim it again.
"Proximate causes of economic growth in Spain, 1850-2000." (2008). online; Sudrià, Carles. 2021. "A hidden fight behind neutrality. Spain's struggle on exchange rates and gold during the Great War." European Review of Economic History. Vicens Vives, Jaime; Jorge Nadal Oller, and Frances M. López-Morillas. An Economic History of Spain (Vol. 1 ...
The sociedad de la España moderna ("society of modern Spain" in the sense of the Modern Age or Ancien Régime) was a network of communities of diverse nature, to which individuals were attached by bonds of belonging: territorial communities in the style of the house or the village; intermediate communities such as the manor and the cities and their land (alfoz or comunidad de villa y tierra ...
The Napoleonic wars had severe negative effects on Spain's long-term economic development. The Peninsular war ravaged towns and countryside alike, and the demographic impact was the worst of any Spanish war, with a sharp decline in population in many areas caused by casualties, outmigration, and disruption of family life.
In Spanish America, José del Campillo y Cosío's Nuevo Sistema de gobierno económico para la América (New System of Economic Government for America) (1743) [11] was a key text that shaped the reforms. He compared the colonial systems of Britain and France to that of Spain, as the first two nations reaped far greater benefits from their ...
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 development of the middle class was caused by the increase in the bureaucracy and the economy. The new groups, without the possibility of changing the social structure, could exert influence in politics and commerce. But there was no direct causal connection between economic growth and the social changes (Lynch, p. 234).
The economy of Spain is a highly developed social market economy. [30] 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.