Answer:SPANISH COLONIAL PoLICY.
I. THE GENERAL POLITICO-ECONOMIC POLICY OF SPAIN.
Spain, like other European nations emerging from
the mediaeval period had no distinctive economic policy,
except as it was incident to and dependent upon a defi-
nite political policy. The latter was dependent in turn
upon the processes of national development the Erst
step of which was integratioll followed by expansion and
aggrandizement. In seeking to build up national life
at home and defend national existence abroad, certain
econonlic principles were involved in the financial
operations of the Spanish nation. To no greater extent
than this could Spain claim an economic policy and so
impressed were her rulers and her people with the
methods of national aggrandizement prevailing then
that the national policy of the sixteellth century has
never been entirely relinquished.
The integratiotl whicll took place ill Spain which re-
sulted in makitlg a strollg centralized government be-
gan with the union of the parts of tlle territory; it was
followed immediately by the long struggle of the crown
against the nobility, then by the struggle of the towns
for rights and privileges and finally by the struggle
against the provinces in lJehalf of the unity of the
nation. Spain came out of tllis struggle fully amalga-
mated. a strong imperial governnlellt capable of exercis-
ing arbitrary power. Tlle internal struggle to establish
unity with a national life and character was supplemented
by an exterlzal struggle for national existence, in de-
fense against encroacllments of other 1lations. This in-
volved new financial conditions and tlew financial operations.
Explanation:
