What makes st. agustine a particularly notable spanish settment

St Augustine was founded in September 8th 1565 by Pedro Menendez de Aviles, a Spanish conquistador who was an admiral and the Governor of Florida at the time. It is a city located in the South East of the United States, in the State of Florida.

What makes St Augustine a particularly notable Spanish settlement is that, up until this day, it is the oldest continuously inhabited European settlement, within the United States of America.

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explanation:

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for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.