Because philip 2 wanted a standing army, he found it necessary

Because Philip II of Spain wanted a standing Army, he found it necessary to raise taxes.

He found major difficulties in raising the taxes, however. Eventually, he did go bankrupt but that's not before he taxed all the local resources available.

answer: economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital

i dont know cuh