1. Spanish Empire at its Height

3. Spain's Empire and European Absolutism
Two-Column Notes
Spain's Empire and European Absolutism
Causes
Effects

4. Spains Empire and European Absolutism
Causes
Effects
Spain built a powerful army and navy
Spain’s monarchs and nobles became patrons of artists, leading to a golden age in the arts.
The gold and silver coming from its vast empire made Spain incredibly wealthy.
Philip II

5. Spains Empire and European Absolutism
Causes
Effects
Spain suffered from severe inflation.
Value of $ goes
Price of goods goes
Population
Demand for food and other goods
Prices
Silver floods market, its value dropped and it took more to buy anything.

6. Spains Empire and European Absolutism
Causes
Effects
The Spanish economy declined and at times Spain was bankrupt.
severe inflation
lack of a middle class
expulsion of Jews and Muslims
outdated manufacturing methods
high cost of wars

7. Spains Empire and European Absolutism
Causes
Effects
The Dutch rebel
Protestant provinces of the Netherlands unite and declare independence from Spain.
Philip raised taxes in the Netherlands and tried to crush Protestantism.
Philip II

8. Spains Empire and European Absolutism
Causes
Effects
The Dutch became wealthy from trade and banking.
Dutch have:
stable government
strong middle class
large naval fleet
Mighty trading empire

9. Spains Empire and European Absolutism
Causes
Effects
European monarchs became more powerful.
decline of feudalism
rise of cities
creation of a middle class
growth of national kingdoms