Why was leadership important for the economy during the 15th and 16th century?

I am doing an essay on "To what extent was the discovery of the New Worlds the beneficial factor for the Spanish economy?" Within this essay I am making three points; how far did the discovery of the new worlds benefit the Spanish economy, how far did trading benefit the Spanish economy and finally how far did the leadership of Ferdinand/Isabella, Charles I and Philip II benefit the Spanish economy. However I am struggling to find reasons why the leadership was so important for the economy of Spain.

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2 Answers to “Why was leadership important for the economy during the 15th and 16th century?”

  1. edvande says:

    It was important in the respect they were responsible for foreign policy – if they chose to go to war with people eg England – or form alliances by eg marrying the Queen of England – this could impact on the economy and affect opportunities for trade.

  2. semmler says:

    Leadership is a complicated psychological process. To find the reasons you are searching for, you need to understand what is it and how it impacts on people. I don’t know Spanish history well, but as I can see, leadership of Spanish rulers directed Spanish people to New Worlds, while new colonies have a very great impact on Spanish economy.I hope this will help you with your essay.