Question

16 multiple choice 1 point near - constant warfare and inflation due to precious metals led to which country declaring itself bankrupt 4 times in 20 years during the age of exploration? china japan spain portugal

Explanation:

During the Age of Exploration, Spain imported massive amounts of precious metals from its American colonies, which caused severe inflation. Combined with near-constant warfare across Europe and its empire, Spain faced crippling financial strain, leading it to declare bankruptcy 4 times within 20 years (1557, 1560, 1575, 1596).

Answer:

C. Spain