Answer:
Losing of territories
Explanation:
The Spanish lost Florida and this weakened the economy so much that they lost their foothold in Mexico and Latin America also, which greatly impacted their economy. After losing their foothold in the West, Spain faded out of the world spotlight as a superpower.
Historical Cycle or sometimes a recurring theme
The answer is money. It was believed that if they found a shorter way to Asia that they could access the trading market more easily and avoid middle-men and things like that. They could open companies there and trade for much less money and earn much more. However, he ended up in the Americas, not India.