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Spain’s Empire and European Absolutism. Chapter 5-1. A Powerful Spanish Empire. Charles V Hapsburg family King of Spain, parts of Italy, the Netherlands, Austria HRE (Germany) 1st since Charlemagne to rule so much His greatest foe was Ottoman empire Division of his empire:
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Spain’s Empire and European Absolutism Chapter 5-1
A Powerful Spanish Empire Charles V • Hapsburg family • King of Spain, parts of Italy, the Netherlands, Austria • HRE (Germany) • 1st since Charlemagne to rule so much • His greatest foe was Ottoman empire • Division of his empire: • Philip II (son) – Spain, Netherlands, southern Italy • Ferdinand (brother)- Austria and HRE
Philip II • First absolute ruler- ruled completely alone • Spain was very wealthy • American Colonies supplied lots of gold & silver • King of Spain received 20-25% of every shipload
The Spanish Armada • Devout Catholic • Married Mary Tudor of England • Sought to strengthen Catholic Church • Battled Protestants in Netherlands • Prepared a huge armada against England • Queen Elizabeth I returned England to Protestantism • England won and suprassed Spanish power
Spanish economic decline • Inflation • Population grew, so did demand causing prices to go up • Silver flooded the market, causing it to lose value • Made their enemies rich • Spanish goods more expensive • Borrowed $ from other countries to pay for wars • There were less able successors after Philip II • Only lower classes paid taxes • The Reconquista • Expulsion of Muslim and Jews from Spain • deprived the economy of many skilled artisans & merchants