The Spanish economy refers specifically to the economic system operating within Spain during a given period. It includes factors such as production, consumption, trade, and government policies related to economic activities.
Related terms
Colonialism: The practice of establishing and maintaining colonies by a country in distant regions for economic exploitation.
Encomienda system: A labor system used in Spain's American colonies that granted Spanish settlers control over indigenous labor and resources.
Bullionism: An economic policy that promotes the accumulation of precious metals like gold and silver as a measure of national wealth.