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English to Spanish translations [PRO] Social Sciences - History
English term or phrase:monetized/monetization
The system was necessitated when the amount of precious metals in a political realm was not sufficient for a ****fully-monetized**** economy, nor was it possible to transfer and transport revenues from the provinces to the center for later distribution
Encouraging trade through Ottoman ports by granting trade privileges and securing long-distance trade routes, especially the conquest in the early sixteenth century of Syria and Egypt with their important trade centers like Aleppo, Damascus, Alexandria and Cairo allowed greater ***monetization*** of Ottoman economy
Mughal emperors were in an even more advantageous position because the degree of ***monetization*** was higher in their realm due to relative abundance of precious metals