Assess the legacy left to phillip II

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Assess the legacy left to Philip II by his father

In 1556 Charles V abdicated as Holy Roman Emperor, dividing his possessions between his brother Ferdinand and his son Philip, Ferdinand received the traditional lands passed down by the Hapsburg family and gained the role of Holy Roman emperor whilst Philip received the huge and prosperous Spanish empire, – one in which ‘the sun never set’, the largest on Earth, With Ferdinand ruler of the Hapsburg lands, Austria, Bohemia and Hungary, and the role of Holy Roman Emperor, Philip was relieved of a proportion of the large scale responsibilities passed down by Charles V, However Philip gained an incredible amount of wealth, power and land. He inherited the flourishing Netherlands and the illustrious ‘new world’, the Americas – hence appeared to have attained a vast and incredible empire. However with that he also gained the debt still unresolved from Charles V, wars, unsettled feuds and an empire almost too huge to govern successfully. How great was the legacy Charles V left to Philip?

With the legacy Philip gained came the responsibility for the economy of an empire spanning from the Netherlands, to the Castilian colonies to the Americas and Philippines. To add further burden, the debt Philip inherited from his father came to a colossal 36 million ducats. This didn’t affect him immediately but was certainly to cause a great strain. Phillips possession of the new world would help with these debts, however it would mean money coming in could not be used to improve Spanish economy and the state of Phillips Monarchia – creating a still unhappy empire. Along with the debts Phillip also had to face the inflation that occurred between 1500 and 1550. This meant his people were already unhappy and struggling before he came into power as wages remained the same and on top of that population had risen which put a strain on the food resources. Philip had to stretch the economy further still, contributing to the costs of war still unresolved from Charles’ reign, as well as this the tension with the Turkish was growing, fear spread throughout Europe as the myth of “Turkish invincibility” became a popular story. With this Philip had to inject more of an increasingly diminishing economy into the Ottoman-Hapsburg conflict.

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Although Philip had a very large empire, including the prosperous new world, the absence of a united Spanish kingdom brought great pressure on Philip and ruling his country and possessions was a somewhat impossible task. Three regions were brought together to form Spain - Castile, Navarre and Aragon, However each f these were completely separate kingdoms holding their own traditions, institutions and laws, they had their own Cortes which would decide taxes. Within Aragon alone there were three separate Cortes, Spain was a ‘dynastic union rather than a unified country’ supporting the economy with Spanish taxes was difficult and ...

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