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Expenditure Finances F I Poor Financial Position Beginning

Front Finances with F + I ?
Back ✓ Poor financial position at the beginning of reign after civil wars

1477 = royal income was 27m maravedis

Expenditure was required to set the monarchs apart from the nobility

1482 foreign policy became increasingly expensive

= expenditure on warfare rose from 20m in 1482 to 80m by 1504

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