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The decline of Spain was the gradual process of financial and military exhaustion and attrition and suffered by metropolitan Spain [1] throughout the 17th century, in particular when viewed in comparison with ascendant rival powers of France and England.
Many different factors, including the decentralized political nature of Spain, inefficient taxation, a succession of weak kings, power struggles in the Spanish court and a tendency to focus on the American colonies instead of Spain's domestic economy, all contributed to the decline of the Habsburg rule of Spain. [1]
The Spanish Golden Age (Siglo de Oro) was a period of flourishing arts and letters in the Spanish Empire (now Spain and the Spanish-speaking countries of Latin America), coinciding with the political decline and fall of the Habsburgs. Arts flourished despite the decline of the empire in the 17th century.
The Kingdom of Spain (Spanish: Reino de España) entered a new era with the death of Charles II, the last Spanish Habsburg monarch, who died childless in 1700. The War of the Spanish Succession was fought between proponents of a Bourbon prince, Philip of Anjou, and the Austrian Habsburg claimant, Archduke Charles.
The most famous traveler in Spanish America was Prussian scientist Alexander von Humboldt, whose travel writings, especially Political Essay on the Kingdom of New Spain and scientific observations remain important sources for the history of Spanish America. Humboldt's expedition was authorized by the crown, but was self-funded from his personal ...
An Economic History of the Iberian Peninsula, 700–2000. Cambridge University Press. Flynn, Dennis O. "Fiscal Crisis and the Decline of Spain (Castile)." Journal of Economic History, 42#1 (1982), pp. 139–47. online; Hamilton, Earl J. American Treasure and the Price Revolution in Spain, 1501-1650. 1934, rpt. edn. New York 1965.
The 2022 Startup Law has provided a more favorable legal and financial framework for creating and scaling emerging companies in Spain.
Habsburg Spain [c] refers to Spain and the Hispanic Monarchy, also known as the Catholic Monarchy, in the period from 1516 to 1700 when it was ruled by kings from the House of Habsburg. It had territories around the world, including modern-day Spain, a piece of south-eastern France, eventually Portugal and many other lands outside the Iberian ...