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At home, the Avis Dynasty continued with Manoel I the Great ruling until 1521, then Joao III, followed by Sebastian I (1557-78). The latter undertook a new religious war against the Moors and was killed in the process, ending the dynasty. The Avis had been good rulers and their empire had had good administrators so that Lisbon had become a center of wealth, luxury and a depository for Asiatic goods. The only cloud on the horizon had resulted from Manoel's borrowing from Genoese bankers to equip his Asian-bound ships. Interest on these debts and agents' dishonesty cut heavily into the trade profits and the kings did not do as well as others around them. (Ref. 279 )

As the century progressed black slavery, imperial war, corruption at home and other features began to lay the groundwork for decline. An earthquake, which killed 30,000 people in Lisbon in 1531 did not help matters. Following the lead of Spain, Portugal expelled her Jews and soon the Inquisition entered with consequences similar to those in Spain. In the dynastic struggle which followed the end of the Avis Dynasty, the Spanish, under the Duke of Alva, invaded Portugal and defeated a Portuguese contingent in the battle of Alcantara in 1580, near Lisbon, thus allowing the Spanish king, Philip II, to also become the Portuguese monarch, at least in theory. English, Dutch and French forces then began to attack the Portuguese overseas colonies. (Ref. 119 , 229 , 222 )

France

Louis XII died in 1515 without heirs and the Valois, Francois I, became king and entered in the intrigues of a complicated Europe. Within 8 months he had invaded Italy and defeated a seasoned Swiss mercenary army of the pope near Milan. Venice, still antagonistic to Emperor Maximilian, supported Francois' armies. (Ref. 291 ) These "Italian Wars" were actually the start of nearly 60 years of warfare of France with Spain, ending in the Peace of Cateau-Cambresis, in 1559. Since Spain was ruled by Charles V, after 1540 Francois entered negotiations that were designed as a three-pronged attack against the Habsburgs, whom he felt to be his greatest antagonist. The triad attack included: (1) Subsidies to German Protestants so that they could attack Charles V from the north. (2) Alliance with the Turks to attack Austria from the east. (3) Launching a campaign with the French army from the west.

The Holy Roman Empire did decline but this was certainly not in any way the result of Francois' manipulations. Actually the French king was held as a prisoner in Madrid by Charles for about a year (1525) and his children were held as hostages much longer. (Ref. 292 ) It is also true that Francois was so busy with women that he had very little time for administration. He lived lavishly to the extent that he impoverished his people. His sister Marguerite and his mother Louise d'Angouleme of Savoy were very influential in his government and the former was very tolerant religiously, protecting many Protestants as the Reformation began to arrive in France. In 1536 Francois I did occupy the Duchy of Savoy, but by the Peace of Cateau-Cambresis Duke Emmanuel Philibert re-obtained the Duchy, excepting that portion which had been taken by the Swiss.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
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Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
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Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
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Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, A comprehensive outline of world history. OpenStax CNX. Nov 30, 2009 Download for free at http://cnx.org/content/col10595/1.3
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