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Political and Religious Change in Europe c.1500-1598

Philip II: finance, government and foreign policy

  • 3 things to know
  • AS Unit 1

Overview

Conciliar system Philip used and three important sources of Philip's revenue.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Key term

How did Philip II's method of ruling differ from his father's?

Key term

Describe the conciliar system Philip used.

Numbers

How many times did Philip II suspend payments to his creditors?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    In what year did Philip II succeed to the Spanish inheritance, and when did he die?

    Model answer

    He succeeded in 1556 and died in 1598.

  2. 2

    How did Philip II's method of ruling differ from his father's?

    Model answer

    He governed from Spain through written reports rather than travelling his dominions, reading and annotating papers himself.

  3. 3

    What was the Escorial?

    Model answer

    The palace, monastery and mausoleum Philip built outside Madrid, from which he governed and which expressed his conception of a monarchy in the service of the Church.

  4. 4

    Describe the conciliar system Philip used.

    Model answer

    Separate councils for state, finance, Castile, Aragon, Italy and the Indies prepared business for the king, who took every decision himself.

  5. 5

    How many times did Philip II suspend payments to his creditors?

    Model answer

    Four times, in 1557, 1560, 1575 and 1596.

  6. 6

    What did a suspension of payments actually mean?

    Model answer

    The crown stopped repaying short-term loans and converted them into lower-interest long-term bonds, which was a rescheduling rather than outright repudiation.

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