Answer:
These are some key factors for the rise of Spain to a status of global superpower in the 16th and 17th century:
- The expelling of the last remnants of Arabic domination and the final reunification of the whole territories of Spanish Christian kingdoms under the rule of a strong crown, the crown of Castille and Aragon, occurred in 1492. A modern Spanish kingdom was born then. King Fernando de Aragón and queen Isabela de Castilla financed the expedition of Columbus the same year and his next voyages.
- The coming of Columbus to the American continent and the following conquest expeditions. Gold, silver in great amounts are found and taken by the expeditions of Hernán Cortés to the Aztec Empire and of Francisco Pizarro to the Peru of the Incas, and by others. Spain gained access to enormous, unimaginable wealth not suspected before. This allows the crown to spend at home, to fight wars throughout Europe and keep a powerful army and a large navy; Spain was the most powerful European nation of the 16th century.
- Spain became an overstretched empire. It lost many wars, having to pay reparations and indemnizations, as well as debts with private bankers, all of which turned to be the final destination of American riches.
- "Drunk" with the easy flow of wealth from the colonies, the Spanish economy gradually lost dynamism, lacking innovation. A faltering economy in the 17th century, overstretching and lost wars sealed the progressive decline of the Spanish power.
Explanation:
The Federal Government receives finding from taxes coming out of salaries, which is called income tax. In the US especially, taxes contribute to the funding of Medicaid and social security benefits.
<span>Perhaps the most crucial resources that were found in North America for the European settlers was that of gold and valuable items, the abundant and vibrant natural surroundings, as well as the fact that it was “uncivilized” according to the beliefs of settlers.</span>
