American silver and its limits
What American silver and its limits means in History A-Level, as defined for Pearson Edexcel.
Definition of American silver and its limits
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Reference: Pearson Edexcel
Revenue transformed through the quinto real and remittances, especially after Potosí opened in 1545, yet it also fuelled inflation and dependence on foreign bankers.
Topics that use American silver and its limits
- Paper 3, Option 32: The Golden Age of Spain, 1474–1598 - 2 Changing military and financial power (Pearson Edexcel A-Level)
Related terms
- Castile as the fiscal core
- Crown borrowing and juros
- defeat of the Spanish Armada
- The Netherlands: source then drain
- Andrea Doria
- Battle of Lepanto
- tercio
Using American silver and its limits in the exam
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