5-1 Guided Reading  Spain's Empire and European Absolutism

A. Analyzing Causes and Recognizing Effects.  As you read about the Spanish Empire
briefly note the causes or effects (depending on which is missing) of each event or situation
 
 

Causes
Effects
1.  The gold and sliver coming from its vast empire made Spain incredibly wealthy. .
. 2.  Spain suffered from severe inflation. 
 
 
 
 
 
 
. 3.  The Spanish economy declined and at times Spain was bankrupt. 
 
 
 
 
 
4.  Philip raised taxes in the Netherlands and tried to crush Protestantism. 
 
 
 
 
 		 .
. 5.  The Dutch became wealthy from trade and banking. 
 
 
 
 
 
 
. 6.  European monarchs became increasingly more powerful. 
 
 
 
 
 
 
B.  Determining Main Ideas Explain how Philip II was an example of an absolute monarch.