The century from the conclusion of the Twelve Years’ Truce in 1609 until either the death of Prince William III in 1702 or the conclusion of the Peace of Utrecht in 1713 is known in Dutch history as the “Golden Age.” It was a unique era of political, economic, and cultural greatness during which the little nation on the North Sea ranked among the most powerful and influential in Europe and the world.
Answer:
The peninsulares were at the top of the social classes and was made up of people who were born in Spain.
Explanation:
These people were top officials in government and the Church. Second, were the creoles who were American-born descendants of the Spanish settlers. They owned most of the mines, plantations, and ranches.
The term that references a period of economic growth as measured by a rise in GDP is an economic expansion. It is the increase in economic activity.
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