Misplaced Pages

Bullionism

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Bullionism is an economic theory that defines wealth by the amount of precious metals owned. Bullionism is an early and perhaps more primitive form of mercantilism . It was derived, during the 16th century, from the observation that the Kingdom of England , because of its large trade surplus , possessed large amounts of gold and silver — bullion —despite the fact that there was not any mining of precious metals in England.

#109890

75-458: Bullionism was born in what now is known as Spain . Following the Reconquista , the region fell victim to a deep economic slump. This prompted local scientists to look for ways to revive the region's economy. Some noted that England had accumulated vast reserves of gold and silver thanks to its trade surplus , and established a link between the possession of precious metals and the wealth of

150-590: A constitution for universal representation under a constitutional monarchy was declared, but after the fall of the Bonapartist regime, the Spanish king dismissed the Cortes Generales, set on ruling as an absolute monarch . The French occupation of mainland Spain created an opportunity for overseas criollo elites who resented the privilege towards Peninsular elites and demanded retroversion of

225-497: A deficit in the English balance of trade . To ban the flow of exchange rates , he demanded the strict fixing of exchange rates for coins , only by the concentration of precious metals and weights, and for strict regulation and monitoring of foreign trade. He failed, however, to convince his contemporaries “...that the cambists were responsible for gold outflow or to elicit enthusiasm for a monopoly sale of exchange, par pro pari, by

300-589: A female figure with a rabbit at her feet, and Strabo called it the "land of the rabbits". The word in question actually means " Hyrax ", possibly due to the Phoenicians confusing the two animals. There is also the claim that "Hispania" derives from the Basque word Ezpanna , meaning "edge" or "border", another reference to the fact that the Iberian Peninsula constitutes the southwest corner of

375-588: A large measure of regional autonomy. List of largest cities in Spain This is a list of the largest metropolitan areas in Spain by population. Estimates are from the following sources: The figures differ between the reports due to the difference in survey dates and differences in methodology. For example, ESPON considers Oviedo – Gijón – Avilés as a single FUA, while Urban Audit has separate LUZs for Oviedo and Gijón. Similarly, Vilanova i la Geltrú

450-615: A puppet kingdom satellite to the French Empire was installed with Joseph Bonaparte as king. The 2 May 1808 revolt was one of many uprisings across the country against the French occupation. These revolts marked the beginning of a devastating war of independence against the Napoleonic regime. Further military action by Spanish armies, guerrilla warfare and an Anglo-Portuguese allied army, combined with Napoleon's failure on

525-532: A reaction against the gallicised elites and following defeat in the field, peace was made with France in 1795 at the Peace of Basel in which Spain lost control over two-thirds of the island of Hispaniola . In 1807, a secret treaty between Napoleon and the unpopular prime minister led to a new declaration of war against Britain and Portugal. French troops entered the country to invade Portugal but instead occupied Spain's major fortresses. The Spanish king abdicated and

600-761: A resolution in favour of democracy. With Franco's death in November 1975, Juan Carlos succeeded to the position of King of Spain and head of state in accordance with the Francoist law. With the approval of the new Spanish Constitution of 1978 and the restoration of democracy , the State devolved much authority to the regions and created an internal organisation based on autonomous communities . The Spanish 1977 Amnesty Law let people of Franco's regime continue inside institutions without consequences, even perpetrators of some crimes during transition to democracy like

675-458: A separate country socially, politically, legally, and in currency and language. Habsburg Spain was one of the leading world powers throughout the 16th century and most of the 17th century, a position reinforced by trade and wealth from colonial possessions and became the world's leading maritime power . It reached its apogee during the reigns of the first two Spanish Habsburgs— Charles V/I (1516–1556) and Philip II (1556–1598). This period saw

750-744: A series of victories against England in the Anglo-Spanish War of 1585–1604 . However, during the middle decades of the 17th century Spain's maritime power went into a long decline with mounting defeats against the Dutch Republic ( Battle of the Downs ) and then England in the Anglo-Spanish War of 1654–1660 ; by the 1660s it was struggling to defend its overseas possessions from pirates and privateers. The Protestant Reformation increased Spain's involvement in religiously charged wars, forcing ever-expanding military efforts across Europe and in

825-593: Is bordered to the north by France , Andorra , and the Bay of Biscay ; to the east and south by the Mediterranean Sea and Gibraltar ; and to the west by Portugal and the Atlantic Ocean. Spain's capital and largest city is Madrid , and other major urban areas include Barcelona , Valencia , Seville , Zaragoza , Málaga , Murcia and Palma de Mallorca . In early antiquity, the Iberian Peninsula

SECTION 10

#1732765270110

900-873: The Reconquista , repelling Islamic rule in Iberia, which culminated with the Christian seizure of the Nasrid Kingdom of Granada in 1492. The dynastic union of the Crown of Castile and the Crown of Aragon in 1479 under the Catholic Monarchs is often considered the de facto unification of Spain as a nation-state . During the Age of Discovery , Spain pioneered the exploration of the New World , made

975-681: The Siglo de Oro , Spanish art , architecture , music , poetry , painting , literature , and cuisine have been influential worldwide, particularly in Western Europe and the Americas . As a reflection of its large cultural wealth , Spain is the world's second-most visited country , has one of the world's largest numbers of World Heritage Sites , and it is the most popular destination for European students. Its cultural influence extends to over 600 million Hispanophones , making Spanish

1050-596: The 12 April 1931 municipal elections . These gave a resounding victory to the Republican-Socialist candidacies in large cities and provincial capitals, with a majority of monarchist councilors in rural areas. The king left the country and the proclamation of the Republic on 14 April ensued, with the formation of a provisional government. A constitution for the country was passed in October 1931 following

1125-602: The Basque Country and the creation of a mass tourism industry. Franco's rule was also characterised by authoritarianism , promotion of a unitary national identity , National Catholicism , and discriminatory language policies . In 1962, a group of politicians involved in the opposition to Franco's regime inside the country and in exile met in the congress of the European Movement in Munich, where they made

1200-605: The Bourbons , was installed. The Crowns of Castile and Aragon had been long united only by the Monarchy and the common institution of the Inquisition's Holy Office . A number of reform policies (the so-called Bourbon Reforms ) were pursued by the Monarchy with the overarching goal of centralized authority and administrative uniformity. They included the abolishment of many of the old regional privileges and laws, as well as

1275-756: The Cuban War of Independence and the Philippine Revolution broke out and eventually the United States became involved. The Spanish–American War was fought in the spring of 1898 and resulted in Spain losing the last of its once vast colonial empire outside of North Africa. El Desastre (the Disaster), as the war became known in Spain, gave added impetus to the Generation of '98 . Although

1350-1092: The Italian Wars , the Schmalkaldic War , the Dutch Revolt , the War of the Portuguese Succession , clashes with the Ottomans , intervention in the French Wars of Religion and the Anglo-Spanish War . Through exploration and conquest or royal marriage alliances and inheritance, the Spanish Empire expanded across vast areas in the Americas, the Indo-Pacific, Africa as well as the European continent (including holdings in

1425-588: The June 1931 Constituent general election , and a series of cabinets presided by Manuel Azaña supported by republican parties and the PSOE followed. In the election held in 1933 the right triumphed and in 1936, the left. During the Second Republic there was a great political and social upheaval, marked by a sharp radicalization of the left and the right. Instances of political violence during this period included

1500-633: The Massacre of 3 March 1976 in Vitoria or 1977 Massacre of Atocha . In the Basque Country, moderate Basque nationalism coexisted with a radical nationalist movement led by the armed organisation ETA until the latter's dissolution in May 2018. The group was formed in 1959 during Franco's rule but had continued to wage its violent campaign even after the restoration of democracy and the return of

1575-788: The World Trade Organization (WTO). The name of Spain ( España ) comes from Hispania , the name used by the Romans for the Iberian Peninsula and its provinces during the Roman Empire . The etymological origin of the term Hispania is uncertain, although the Phoenicians referred to the region as i-shphan-im , possibly meaning "Land of Rabbits" or "Land of Metals". Jesús Luis Cunchillos  [ es ] and José Ángel Zamora, experts in Semitic philology at

SECTION 20

#1732765270110

1650-489: The first circumnavigation of the globe and formed one of the largest empires in history . The Spanish Empire reached a global scale and spread across all continents, underpinning the rise of a global trading system fueled primarily by precious metals . In the 18th century, the Bourbon reforms centralized mainland Spain. In the 19th century, after the Napoleonic occupation and the victorious Spanish War of independence ,

1725-665: The southernmost point of continental Europe , it is the largest country in Southern Europe and the fourth-most populous European Union member state. Spanning across the majority of the Iberian Peninsula , its territory also includes the Canary Islands , in the Atlantic Ocean, the Balearic Islands , in the Mediterranean Sea, and the autonomous cities of Ceuta and Melilla , in Africa. Peninsular Spain

1800-526: The 11th century, the Caliphate of Córdoba collapsed, fracturing into a series of petty kingdoms ( Taifas ), often subject to the payment of a form of protection money ( Parias ) to the Northern Christian kingdoms, which otherwise undertook a southward territorial expansion. The capture of the strategic city of Toledo in 1085 marked a significant shift in the balance of power in favour of

1875-632: The Christian kingdoms. The arrival from North Africa of the Islamic ruling sects of the Almoravids and the Almohads achieved temporary unity upon the Muslim-ruled territory, with a stricter, less tolerant application of Islam, and partially reversed some Christian territorial gains. The Kingdom of León was the strongest Christian kingdom for centuries. In 1188, the first form (restricted to

1950-884: The European Union, the eurozone , North Atlantic Treaty Organization (NATO), a permanent guest of the G20 , and is part of many other international organizations such as the Council of Europe (CoE), the Organization of Ibero-American States (OEI), the Union for the Mediterranean , the Organisation for Economic Co-operation and Development (OECD), the Organization for Security and Co-operation in Europe (OSCE), and

2025-551: The European continent. Archaeological research at Atapuerca indicates the Iberian Peninsula was populated by hominids 1.3 million years ago. Modern humans first arrived in Iberia from the north on foot about 35,000 years ago. The best-known artefacts of these prehistoric human settlements are the paintings in the Altamira cave of Cantabria in northern Iberia, which were created from 35,600 to 13,500 BCE by Cro-Magnon . Archaeological and genetic evidence suggests that

2100-583: The Iberian Peninsula acted as one of several major refugia from which northern Europe was repopulated following the end of the last ice age . The two largest groups inhabiting the Iberian Peninsula before the Roman conquest were the Iberians and the Celts . The Iberians inhabited the Mediterranean side of the peninsula. The Celts inhabited much of the interior and Atlantic sides of the peninsula. Basques occupied

2175-601: The Italian Peninsula, the Low Countries and the Franche-Comté ). The so-called Age of Discovery featured explorations by sea and by land, the opening-up of new trade routes across oceans, conquests and the beginnings of European colonialism . Precious metals , spices, luxuries, and previously unknown plants brought to the metropole played a leading part in transforming the European understanding of

2250-548: The Mediterranean. By the middle decades of a war- and plague -ridden 17th-century Europe, the Spanish Habsburgs had enmeshed the country in continent-wide religious-political conflicts. These conflicts drained it of resources and undermined the economy generally. Spain managed to hold on to most of the scattered Habsburg empire, and help the imperial forces of the Holy Roman Empire reverse a large part of

2325-400: The Russian front , led to the retreat of French imperial armies from the Iberian Peninsula in 1814, and the return of King Ferdinand VII . During the war, in 1810, a revolutionary body, the Cortes of Cádiz , was assembled to coordinate the effort against the Bonapartist regime and to prepare a constitution. It met as one body, and its members represented the entire Spanish empire. In 1812,

Bullionism - Misplaced Pages Continue

2400-438: The Second World War, although it was sympathetic to the Axis and provided the Nazi Wehrmacht with Spanish volunteers in the Eastern Front . The only legal party under Franco's dictatorship was the Falange Española Tradicionalista y de las JONS (FET y de las JONS), formed in 1937 upon the merging of the Fascist Falange Española de las JONS and the Carlist traditionalists and to which the rest of right-wing groups supporting

2475-467: The Spanish National Research Council ( Consejo Superior de Investigaciones Científicas , CSIC), conducted a comparative philological study between several Semitic languages and hypothesize that the Phoenician name translates as "land where metals are forged", having determined that the name originated in reference to the gold mines of the Iberian Peninsula. There have been a number of accounts and hypotheses about its origin: Jesús Luis Cunchillos argues that

2550-642: The Strait of Gibraltar. Upon the conclusion of the Granada War , the Nasrid Sultanate of Granada (the remaining Muslim-ruled polity in the Iberian Peninsula after 1246) capitulated in 1492 to the military strength of the Catholic Monarchs , and it was integrated from then on in the Crown of Castile. In 1469, the crowns of the Christian kingdoms of Castile and Aragon were united by the marriage of their monarchs, Isabella I and Ferdinand II, respectively. In 1492, Jews were forced to choose between conversion to Catholicism or expulsion; as many as 200,000 Jews were expelled from Castile and Aragon . The year 1492 also marked

2625-468: The US to establish a military presence on the Iberian Peninsula as a counter to any possible move by the Soviet Union into the Mediterranean basin. US Cold War strategic priorities included the dissemination of American educational ideas to foster modernization and expansion. In the 1960s, Spain registered an unprecedented rate of economic growth which was propelled by industrialisation , a mass internal migration from rural areas to Madrid , Barcelona and

2700-542: The advances made by Protestant forces, but it was finally forced to recognise the separation of Portugal and the United Provinces (Dutch Republic), and eventually suffered some serious military reverses to France in the latter stages of the immensely destructive, Europe-wide Thirty Years' War . In the latter half of the 17th century, Spain went into a gradual decline, during which it surrendered several small territories to France and England; however, it maintained and enlarged its vast overseas empire, which remained intact until

2775-400: The arrival of Christopher Columbus in the New World , during a voyage funded by Isabella. Columbus's first voyage crossed the Atlantic and reached the Caribbean Islands, beginning the European exploration and conquest of the Americas. The Treaty of Granada guaranteed religious tolerance towards Muslims, for a few years before Islam was outlawed in 1502 in Castile and 1527 in Aragon, leading

2850-419: The beginning of the 19th century. The decline culminated in a controversy over succession to the throne which consumed the first years of the 18th century. The War of the Spanish Succession was a wide-ranging international conflict combined with a civil war, and was to cost the kingdom its European possessions and its position as a leading European power. During this war, a new dynasty originating in France,

2925-409: The bishops, the magnates, and 'the elected citizens of each city') of modern parliamentary session in Europe was held in León ( Cortes of León ). The Kingdom of Castile , formed from Leonese territory, was its successor as strongest kingdom. The kings and the nobility fought for power and influence in this period. The example of the Roman emperors influenced the political objective of the Crown, while

3000-473: The burning of churches, the 1932 failed coup d'état led by José Sanjurjo , the Revolution of 1934 and numerous attacks against rival political leaders. On the other hand, it is also during the Second Republic when important reforms to modernize the country were initiated: a democratic constitution, agrarian reform, restructuring of the army, political decentralization and women's right to vote . The Spanish Civil War broke out in 1936: on 17 and 18 July, part of

3075-428: The conflict between progressives and moderates ended in a weak early constitutional period. The 1868 Glorious Revolution was followed by the 1868–1874 progressive Sexenio Democrático (including the short-lived First Spanish Republic ), which yielded to a stable monarchic period, the Restoration (1875–1931). In the late 19th century nationalist movements arose in the Philippines and Cuba. In 1895 and 1896

Bullionism - Misplaced Pages Continue

3150-429: The country. Although the supporters of Bullionism did not write theoretical treatises on the subject (unlike the precursors of the classical school in the following century), they did mobilize many leaders. In 1558 Ortiz wrote a memoir to the king to prevent the exits of gold. The doctrine was developing mainly in this region, because the influx of precious metals from America led to a sharp increase in purchasing power in

3225-435: The customs barrier between the Crowns of Aragon and Castile in 1717, followed by the introduction of new property taxes in the Aragonese kingdoms. The 18th century saw a gradual recovery and an increase in prosperity through much of the empire. The predominant economic policy was an interventionist one, and the State also pursued policies aiming towards infrastructure development as well as the abolition of internal customs and

3300-436: The democratic system of the constitutional monarchy of a two-parties system. The July 1909 Tragic Week events and repression exemplified the social instability of the time. The La Canadiense strike in 1919 led to the first law limiting the working day to eight hours. After a period of Crown-supported dictatorship from 1923 to 1931, the first elections since 1923, largely understood as a plebiscite on Monarchy, took place:

3375-430: The development of railways and incipient capitalism developed in several areas of the country, particularly in Barcelona , as well as labour movement and socialist and anarchist ideas. The 1870 Barcelona Workers' Congress and the 1888 Barcelona Universal Exposition are good examples of this. In 1879, the Spanish Socialist Workers' Party was founded. A trade union linked to this party, Unión General de Trabajadores ,

3450-407: The early eighth century, most of the peninsula was conquered by the Umayyad Caliphate , and during early Islamic rule, Al-Andalus became a dominant peninsular power centred on Córdoba . Several Christian kingdoms emerged in Northern Iberia, chief among them Asturias , León , Castile , Aragon , Navarre , and Portugal ; made an intermittent southward military expansion and repopulation, known as

3525-470: The following political divisions between liberals and absolutists led to the breakaway of most of the American colonies . These political divisions finally converged in the 20th century with the Spanish Civil War , giving rise to the Francoist dictatorship that lasted until 1975. With the restoration of democracy and its entry into the European Union, the country experienced an economic boom that profoundly transformed it socially and politically. Since

3600-431: The globe. The cultural efflorescence witnessed during this period is now referred to as the Spanish Golden Age . The expansion of the empire caused immense upheaval in the Americas as the collapse of societies and empires and new diseases from Europe devastated American indigenous populations. The rise of humanism , the Counter-Reformation and new geographical discoveries and conquests raised issues that were addressed by

3675-557: The initial invasion. The Kingdom of Asturias-León consolidated upon this territory. Other Christian kingdoms, such as Navarre and Aragon in the mountainous north, eventually surged upon the consolidation of counties of the Carolingian Marca Hispanica . For several centuries, the fluctuating frontier between the Muslim and Christian-controlled areas of the peninsula was along the Ebro and Douro valleys. Conversion to Islam proceeded at an increasing pace. The muladíes (Muslims of ethnic Iberian origin) are believed to have formed

3750-428: The intellectual movement now known as the School of Salamanca , which developed the first modern theories of what are now known as international law and human rights. Spain's 16th-century maritime supremacy was demonstrated by the victory over the Ottoman Empire at the Battle of Lepanto in 1571 and over Portugal at the Battle of Ponta Delgada in 1582, and then after the setback of the Spanish Armada in 1588, in

3825-461: The introduction of irrigation projects, some of which remain in use. Emperors Hadrian , Trajan , Theodosius I , and the philosopher Seneca were born in Hispania. Christianity was introduced into Hispania in the 1st century CE, and it became popular in the cities in the 2nd century. Most of Spain's present languages and religions, as well as the basis of its laws, originate from this period. Starting in 170 CE, incursions of North-African Mauri in

SECTION 50

#1732765270110

3900-411: The lives of over 500,000 people and caused the flight of up to a half-million citizens from the country. On 1 April 1939, five months before the beginning of World War II , the rebel side led by Franco emerged victorious, imposing a dictatorship over the whole country. Thousands were imprisoned after the civil war in Francoist concentration camps . The regime remained nominally "neutral" for much of

3975-445: The majority of the population of Al-Andalus by the end of the 10th century. A series of Viking incursions raided the coasts of the Iberian Peninsula in the 9th and 10th centuries. The first recorded Viking raid on Iberia took place in 844; it ended in failure with many Vikings killed by the Galicians' ballistas ; and seventy of the Vikings' longships captured on the beach and burned by the troops of King Ramiro I of Asturias . In

4050-459: The meseta; however, due to the bellicose inland tribes, the Carthaginians settled on the coasts of the Iberian Peninsula. During the Second Punic War , roughly between 210 and 205 BCE, the expanding Roman Republic captured Carthaginian trading colonies along the Mediterranean coast. Although it took the Romans nearly two centuries to complete the conquest of the Iberian Peninsula , they retained control of it for over six centuries. Roman rule

4125-490: The military carried out a coup d'état that triumphed in only part of the country. The situation led to a civil war, in which the territory was divided into two zones: one under the authority of the Republican government , that counted on outside support from the Soviet Union and Mexico (and from International Brigades ), and the other controlled by the putschists (the Nationalist or rebel faction ), most critically supported by Nazi Germany and Fascist Italy . The Republic

4200-459: The nobles benefited from feudalism . Muslim strongholds in the Guadalquivir Valley such as Córdoba (1236) and Seville (1248) fell to Castile in the 13th century. The County of Barcelona and the Kingdom of Aragon entered in a dynastic union and gained territory and power in the Mediterranean. In 1229, Majorca was conquered, so was Valencia in 1238. In the 13th and 14th centuries, the North-African Marinids established some enclaves around

4275-420: The only American colonies Spain held were Cuba and Puerto Rico . The Napoleonic War left Spain economically ruined, deeply divided and politically unstable. In the 1830s and 1840s, Carlism (a reactionary legitimist movement supportive of an alternative Bourbon branch), fought against the government forces supportive of Queen Isabella II 's dynastic rights in the Carlist Wars . Government forces prevailed, but

4350-411: The period around the turn of the century was one of increasing prosperity, the 20th century brought little social peace. Spain played a minor part in the scramble for Africa . It remained neutral during World War I . The heavy losses suffered by the colonial troops in conflicts in northern Morocco against Riffians forces brought discredit to the government and undermined the monarchy. Industrialisation,

4425-400: The province of Baetica took place. The Germanic Suebi and Vandals , together with the Sarmatian Alans , entered the peninsula after 409, weakening the Western Roman Empire's jurisdiction over Hispania. The Suebi established a kingdom in north-western Iberia, whereas the Vandals established themselves in the south of the peninsula by 420 before crossing over to North Africa in 429. As

4500-413: The rebels also added. The name of " Movimiento Nacional ", sometimes understood as a wider structure than the FET y de las JONS proper, largely imposed over the later's name in official documents along the 1950s. After the war Spain was politically and economically isolated, and was kept out of the United Nations. This changed in 1955, during the Cold War period, when it became strategically important for

4575-404: The reduction of export tariffs. Projects of agricultural colonisation with new settlements took place in the south of mainland Spain. Enlightenment ideas began to gain ground among some of the kingdom's elite and monarchy. In 1793, Spain went to war against the revolutionary new French Republic as a member of the first Coalition . The subsequent War of the Pyrenees polarised the country in

SECTION 60

#1732765270110

4650-405: The remaining Muslim population to become nominally Christian Moriscos . About four decades after the War of the Alpujarras (1568–1571), over 300,000 moriscos were expelled , settling primarily in North Africa. The unification of the crowns of Aragon and Castile by the marriage of their sovereigns laid the basis for modern Spain and the Spanish Empire, although each kingdom of Spain remained

4725-407: The root of the term span is the Phoenician word spy , meaning "to forge metals ". Therefore, i-spn-ya would mean "the land where metals are forged". It may be a derivation of the Phoenician I-Shpania , meaning "island of rabbits", "land of rabbits" or "edge", a reference to Spain's location at the end of the Mediterranean; Roman coins struck in the region from the reign of Hadrian show

4800-450: The royal exchanger." He did succeed in creating one of the first economic controversies, and Edward Misselden opposed him in 1623 in his book The Circle of Commerce: Or, the Balance of Trade . Spain – in Europe  (green & dark grey) – in the European Union  (green) Spain , formally the Kingdom of Spain , is a country in Southwestern Europe with territories in North Africa . Featuring

4875-876: The short term, which the authors saw as an implicit confirmation of their theory. King Charles V of latter Spain and his son King Philip II did follow the bullionist recommendations. Thomas Milles (1550–1627) and others recommended that England increase exports to create a trade surplus, convert the surplus into precious metals, and hinder the drain of money and precious metal to other countries. England did restrict exportation of money or precious metals around 1600, but Milles wanted to resume using staple ports (ports where incoming foreign merchants were required to offer their goods for sale before anywhere else) to force merchants from abroad to use their assets to buy English goods and prevent them from transferring gold or silver from England homewards. Milles's opinions, however, were not widely valued. One of his contemporaries wrote, "Milles

4950-415: The sovereignty to the people . Starting in 1809 the American colonies began a series of revolutions and declared independence, leading to the Spanish American wars of independence that put an end to the metropole's grip over the Spanish Main . Attempts to re-assert control proved futile with opposition not only in the colonies but also in the Iberian peninsula and army revolts followed. By the end of 1826,

5025-402: The western area of the Pyrenees mountain range and adjacent areas; Phoenician-influenced Tartessians flourished in the southwest; and Lusitanians and Vettones occupied areas in the central west. Several cities were founded along the coast by Phoenicians , and trading outposts and colonies were established by Greeks in the East. Eventually, Phoenician- Carthaginians expanded inland towards

5100-419: The western empire disintegrated, the social and economic base became greatly simplified; the successor regimes maintained many of the institutions and laws of the late empire, including Christianity and assimilation into the evolving Roman culture. The Byzantines established an occidental province, Spania , in the south, with the intention of reviving Roman rule throughout Iberia. Eventually, however, Hispania

5175-405: The world's second-most spoken native language and the world's most widely spoken Romance language . Spain is a secular parliamentary democracy and a constitutional monarchy , with King Felipe VI as head of state . A developed country , it is a major advanced capitalist economy, with the world's fifteenth-largest by both nominal GDP and PPP . Spain is a member of the United Nations ,

5250-485: Was bound together by law, language, and the Roman road . The cultures of the pre-Roman populations were gradually Romanised (Latinised) at different rates depending on what part of the peninsula they lived in, with local leaders being admitted into the Roman aristocratic class. Hispania (the Roman name for the Iberian Peninsula) served as a granary for the Roman market, and its harbours exported gold, wool , olive oil , and wine. Agricultural production increased with

5325-433: Was founded in 1888. In the anarcho-syndicalist trend of the labour movement in Spain, Confederación Nacional del Trabajo was founded in 1910 and Federación Anarquista Ibérica in 1927. Catalanism and Vasquism, alongside other nationalisms and regionalisms in Spain, arose in that period: the Basque Nationalist Party formed in 1895 and Regionalist League of Catalonia in 1901. Political corruption and repression weakened

5400-727: Was inhabited by Celts , Iberians , and other pre-Roman peoples . With the Roman conquest of the Iberian Peninsula , the province of Hispania was established. Following the Romanization and Christianization of Hispania, the fall of the Western Roman Empire ushered in the inward migration of tribes from Central Europe, including the Visigoths , who formed the Visigothic Kingdom centred on Toledo . In

5475-621: Was not supported by the Western powers due to the British-led policy of non-intervention . General Francisco Franco was sworn in as the supreme leader of the rebels on 1 October 1936. An uneasy relationship between the Republican government and the grassroots anarchists who had initiated a partial social revolution also ensued. The civil war was viciously fought and there were many atrocities committed by all sides . The war claimed

5550-679: Was reunited under Visigothic rule . From 711 to 718, as part of the expansion of the Umayyad Caliphate which had conquered North Africa from the Byzantine Empire , nearly all of the Iberian Peninsula was conquered by Muslims from across the Strait of Gibraltar, resulting in the collapse of the Visigothic Kingdom. Only a small area in the mountainous north of the peninsula stood out of the territory seized during

5625-484: Was so much out of step with the time that his pamphlets had little influence." Gerard de Malynes (1586–1641), another bullionist, published a book named A Treatise of the Canker of England's Common Wealth , that asserted that the exchange of foreign currency had been a trade of value rather than exchanging the weight of metals. Therefore, the unfair exchanging of precious metals by bankers and money changers would cause

#109890