In the 16th century, Martin de Azpilcueta theorized that the inflation in Europe at the time was caused by Speculation on the Dutch tulip market.
If your wondering <em>who Martin de azpilcueta is then read the below.</em>
Martín de Azpilcueta, or Doctor Navarrus, was an important Spanish canonist and theologian in his time, and an early economist, the first to develop monetarist theory
Below answer is the differences between the European monarchies,
The monarchy of Spain is a kind of monarchy that the royal members of the family inside the household organization are the ones facilitates and supports the monarchs in exercising of the duties and rights. It is represented by King Felipe VI with his wife Queen Letizia and daughters Leonor and Infanta Sofia.
The monarchy in France is a monarchy which one emperor is dominant and has supreme authority, where his authority is not restricted by any written legislature, customs or laws.
The monarchy in England is a monarchy that is limited to unbiased functions such as appointing a Prime Minister. The monarch and its immediate family manages official, diplomatic, and ceremonial duties. This monarchy is lead by Queen Elizabeth II.
The monarchy of Austria is a complex monarchy because it composed of territories inside and outside the Holy Roman Empire.
The monarchy of Prussia was the German Kingdom that composed and organized the nation of Prussia. It was the avenue to unify the Germans in 1871.
The monarchy of Russia, it is an empire that defeated Napoleon’s ambitions in controlling England and expanding to the west and south.
I believe the answer would be Phalanx.
slavery was an important factor in the south because in the south it mainly crops and not Industrialized , so all the harvesting and planting was labor Intensive with slaves the southerns wouldnt have to do it plus there were not that many willing to tend the crops which make the slaves the mostly the way of making money on plantions.
