demise
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"History repeats itself. This concept applies not only within the realm of
a singular nation's history but throughout and between nations. That is
to say, that what one nation endures, throughout its economic and
political history, may be compared to and be strikingly similar to that of
many other nations. As we analyze social change thought the world we have
noticed a cyclical pattern of histories, both economic and political, in
the countries of Spain, Holland, Britain, and the United States.
I. Historical Periodization: Throughout history and during alternating
time periods, countries have grown from feeble entities, defeated by or
ruled by the governing structures of foreign nations, to powerful nations.
Between the fifteenth and the sixteenth century, SPAIN ruled as a great
power among other nations. Its empire began when, in 1492, Spain financed
Columbus's expeditions and explorations to conquer territory in the New
World. Once it held its new established territory, Spain relied on the
influx of gold and silver from the New World. Spain was the first country
to start an empire and consequently started a trend...