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Price revolution
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==== Sellers and traders ==== But landowners and the rich were not the only ones gaining from the price revolution. Anyone with something to sell or trade could reap the benefits of inflation, particularly manufacturers and merchants. However in the second half of the century, when the conditions of the Price Revolution got worse and relentless inflation began to make Spanish enterprise less competitive in the international and colonial market, not all merchants and manufactures found life enjoyable. Only the more powerful merchants were able to survive foreign competition and in doing so prospered boundlessly. Enormous fortunes were made in the Indies trade (whose expansion was related directly to the rise of prices) and this encouraged more investment and profitable returns. Profitable returns were distributed beyond the merchant houses of Seville to entrepreneurs in other parts of Spain, as the American market took the oil and wine of [[Andalusia]], the wool of [[Crown of Castile|Castile]], the metallurgical products and ships of the [[Basque Country (autonomous community)|Basque country]].<ref name=Lynch/> To at least the end of the 16th century there was still money to be made in Spain for selected merchants and manufactures.
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