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The demographic problems affected production and the expulsion of the Moriscos forcen traditional orchards

The riches from America were not used to encourage it, but to buy products abroad

Count-duke of Olivares

They governed in the name of the king

Expulsion of the Moriscos

Rebellion in Portugal

Harvest, plague epidemics, wars and migration to America

It declined due to attacks by pirates and also through contraband

Lerma

Spanish population fell from 8 to 6 million inhabitants

Felipe III (by Velázquez)

'Valido' of Felipe III

Industry

Felipe IV (by Velázquez)

Agriculture

Trade with America

1609

Validos

1668

'Valido' of Felipe IV