-
1500
inflation and taxes
when Spain expelled the Jew's and Muslims it lost many valuable artisans and business people. and Spain's nobles did not have to pay taxes. -
1543
marriage
.Philip's first marriage was to his cousin Princess Maria of Portugal, who gave him a son but died 4 days after birth. -
1554
Philips empire
He inherited Spain, the Spanish Netherlands, and the American colonies. -
1554
Defender of catholism
Europe was experiencing religious wars caused by reformation -
1555
a powerful spanish empire
he unwillingly agreed to the peace of Augsburg -
1579
the dutch revolt
the seven northern provinces of England which were largely protestant declared their independence from Spain -
Defender of catholism
more than 200 Spanish and Venetian ships defeated a large ottoman fleet in a fierce battle near Lepanto -
war with france
Philip was at war with France -
Inflation and taxes
the first reason why inflation occurred is because of Spain's population growth more people were demanding food and goods which allowed the merchants to raise their prices. another reason is because silver bullion flooded the market, its value dropped which meant that you needed more money to buy things. -
philips empire
His empire became wealthy and by 1600 he had 399,000 pounds of gold and by 1550 and 1650 roughly 16000 tons of silver.
