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Why did Spain do so poorly after starting the Commercial Revolution first?

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Poor performance of Spain after the Commercial Revolution:

There were several reasons sue to which Spain has become poor soon after starting the Commercial Revolution,

  • After starting the Commercial Revolution, Spain has got severe economic problems.
  • The war has affected almost all the economic structure of the country.
  • All the foreign exchange market has ended.
  • The war has badly affected the industrial and agricultural sectors of Spain which has resulted in inflation.
  • The raw materials have been completely reduced during the war which has made Spain a poor country at that time.
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