Mafia organizations are more of a threat than terrorist groups because they modify democracies from within by introducing their illicit earnings into the legal economy. Their businesses defeat the competition because, by counting on these illegal parallel markets, they can lower their prices. Mafia assets also finance the banking, construction, and transportation sectors of the economy.
The period from 1550 to 1650 is considered the Spanish Golden Age because of its brilliance in its arts and literature. Philp II was an enthusiastic patron of the arts and also founded academies of science and mathematics.
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