Economic Problems and Social Unrest

Abstract

The Black Death, which struck Spain in 1348, and the economic recession of the second half of the fourteenth century, affected the states of Iberia in different ways. Like other Mediterranean areas, such as Genoa and Portugal, which were to lead the way in the age of discoveries, Castile recovered fairly quickly from the crisis. In the Crown of Aragon, on the other hand, although Valencia enjoyed a period of economic prosperity in the fifteenth century, the heart of the federation, Catalonia, faltered and declined.