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AP European History
Unit 3 – Absolutism and Constitutionalism
Topic 3.7
Unit 3
3.7 Absolutist Approaches to Power
How did Philip II of Spain and Louis XIV manage economic affairs differently?
Both rulers led their nations into constant bankruptcy due to excessive spending on wars and luxuries.
Philip managed the Spanish economy efficiently; meanwhile, Louis mired France in debt through excessive extravagance at Versailles.
While Philip II frequently faced bankruptcy due to military expenditures, Louis XIV managed a more stable economy through Jean-Baptiste Colbert's mercantilist policies.
Under both reigns, Spain and France enjoyed golden ages of economic prosperity and financial stability with no major disruptions.
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AP European History - 3.7 Absolutist Approaches to Power
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Louis XIV
Philip II of Spain
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