Sources of wealth of the Netherlands

1) favorable geographical position for trade;
2) development of craft and manufacturing production;
3) hard work of the population;
4) mining of coal, metal smelting;
5) construction of modern high-speed vessels;
6) fertile land;
7) export of competitive products – linen and cloth;
8) development of capitalist entrepreneurship in industry and agriculture.
The Netherlands was a source of replenishment for the Spanish treasury – they paid 2 million gold coins annually, which was 4 times more than the colonies in the New World gave. Realizing the value of such territories, Charles V tried to preserve the old system of government in his country. But in the second half of the 16th century. this situation began to change.

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