1. The Hapsburg Dilema
The Spanish had colonies in South America ( Mexico) and they supplied the Hapsburg Empire with gold and silver. ... Spain was heavily dependent on supplies coming from its lucrative colonies in South America and elsewhere. The English and Dutch allied in a naval alliance to raid and capture Spanish galleons which would be loaded with wealth. The wealth acquired helped the Dutch-English war effort but it also made Spain poorer. ... Spain continued to suffer heavy losses on sea as its shipments from its colonies were raided effectively by the Dutch and English. ...
- Word Count: 1537
- Approx Pages: 6
- Grade Level: High School