Among other things, an unbelievable inflation hit Europe during that period.
It was caused by what the Spanish empire did. It brought back huge amount of which
initiated the value of gold to plummet. Europe has never been in this situation
and it was incomprehensible to They thought more gold is better, but suddenly
prices started to increase bizarrely. There was also very few silver
being produced at the time, hence pirate attacks became very rampant.
A large part of the continent was torn apart by conflicts both domestic
and international between varying religions like Protestants and Catholics.
There was the Dutch revolution between 1568 and 1648, the French Wars of
Religion which lasted 36 years from 1562 to 1598, the Thirty Years War in 1618
through 1648, and the Spanish Armada Expedition, to name a few.
Another problem was in the East, the threat Ottoman Yurkey which posed
to Europe.
<span>There was also population decline, plague,
economic warfare, and famine. </span>
Answer:
15 admentment
Explanation:
if you read the 15th amemdment that is the princbal of voting
1. The need for gold and silver made it lucrative to carry out trade with other countries
2. Mercantilism - The economic policy that emphasized the need of every nation to build as much wealth as it can in order to gain power
3. Insurance companies became more formalized as risk mitigation started gaining priority. Laws were changed to deal with insurance issues
4. free trade policies. Governments became involved themselves in trade by grant royal trade monopolies.
Buying stocks on credit caused the great depression