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Issue:

History

 

Written by:

Peter L

 

Date added:

March 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 264

 

Was viewed:

5786 times

 

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Essay content:

As a result, huge amount of gold and silver poured in to Spain. At the same time, there was an increase in population, and there was a huge demand for food. Spanish colonies also demanded for food, so the demand for food increased even more. Consequently, Spanish product could not compete in international market...
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Consequently, Spanish product could not compete in international market. Then we got inflation and a decline in Spanish economy. Price revolution stabilized Spanish economy, which was lead by peasants. Netherlands established west and East Indies Company, which was a stock company. Furthermore, you could spend all your money on ship which goes to the new world, and brings back you back stuff that worth a lot in Europe...
displayed 300 characters

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