During the 1500s and 1600s trade was developed among the Americas and Europe. Resources that came from the Americas cause problems for Spain because trade was non properly correct along with bad relations between other countries and paltry leaders, which led to the loss of wealth. Spain also lacked consequential frugal qualities. France was improveed by the resources from the Americas because trade was promote and regulated. Also the pay minister, Colbert, followed mercantilist policies that greatly meliorate scrimping and there was strong purplish power to follow through the policies of the king. When Spain started trading with the colonies in the Americas they began to neglect cultivation and commerce, which led to economic decline. Spains bad relations with England caused Queen Elizabeth to accord her own captains to nurse over Spanish treasure ships and scratch Spanish cities in the Americas. Spain retaliated and Philip II sent a extensive costly armada to inter est England but a freak storm whipped come forth the armada do Spain to lose money and power. The poor leading deprived the economy of many skilled artisans and merchants due to the hump of the Muslims and Jews. The poor leadership caused more decline in wealth because of costly wars which contributed to gallant inflation also caused by American gold and silver.

France further overseas colonies and regulated trade with the colonies to enrich the royal treasury. Colbert drastically improved economy; he had freshly lands cleared for farming, encouraged mining and other basic industries, and construct up luxuriousness trades such as l ace making. He also helped french manufactu! rers by putting high tariffs on imported goods. salutary leadership was important. Louis XIV wanted to fix the state, so he expanded the bureaucracy and appointed intendants. Intendants were mint who collected taxes, recruited soldiers, and carried out the kings policies in... If you want to get a extensive essay, order it on our website:
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