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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. It was so debilitating that Spain went from being the hegemonic power in Europe , with the largest economy on the continent in the mid-1500s, to becoming a ...
Spanish society in the 17th century Habsburg Spain was extremely inegalitarian. The nobility, being wealthier than ordinary people, also had the privilege of being exempt from taxes. Spanish society associated social status with leisure and thus work was undignified for nobles. Even wealthy merchants invested in land, titles, and juros.
The Thirty Years' War, which devastated much of Europe 1618–1648, is one of the events some historians have associated with the alleged General Crisis.. The General Crisis is a term used by some historians to describe an alleged period of widespread regional conflict and instability that occurred from the early 17th century to the early 18th century in Europe, and in more recent ...
During a financial crisis in the late seventeenth century, the crown began selling Audiencia appointments, and American-born Spaniards held 45% of Audiencia appointments. Although there were restrictions of appointees' ties to local elite society and participation in the local economy, they acquired dispensations from the cash-strapped crown.
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 ...
Nevertheless, the outcome of the crisis was a humiliation for Spain and a triumph for Britain, as Spain had practically renounced all sovereignty on the North Pacific coast. [ 78 ] In 1806, Baron Nikolai Rezanov attempted to negotiate a treaty between the Russian-American Company and the Viceroyalty of New Spain , but his unexpected death in ...
The control of Guam, Mariana Islands, Caroline Islands, and Palau came later, from the end of the 17th century, and remained under Spanish control until 1898. In the 18th century, Spain was concerned with increasing Russian and British influence in the Pacific Northwest of North America and sent several expeditions to explore and further shore ...
Throughout the 17th century, Savoy sought to replace Spain as the dominant power in Northern Italy. Savoy consisted of two main geographic segments; Piedmont, which contained the capital Turin, and the Duchy of Aosta on the Italian side of the Alps, with the Duchy of Savoy and County of Nice in Transalpine France. The latter were almost ...