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Why did the financial reforms of the Spanish official Count-Dub fail?

A. A lack of royal support
B. Local resistance to centralized taxation
C. A lack of New World gold
D. The increasing defaults of Philip II

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Final answer:

The financial reforms of the Spanish official Count-Dub failed due to lack of royal support, local resistance to centralized taxation, and the increasing defaults of Philip II.


Explanation:

The financial reforms of the Spanish official Count-Dub failed due to:

  • A lack of royal support: Without backing from the monarchy, the reforms lacked the necessary authority and resources to be effective.
  • Local resistance to centralized taxation: The countryside and urban areas resisted the taxation efforts, leading to difficulties in implementing the reforms.
  • The increasing defaults of Philip II: Philip II's mounting financial issues undermined the success of the financial reforms.

Learn more about financial reforms failure in Spain here:

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