History II By javi116 Period: 1808 to 1814 Guerra de la independencia española (Napoleonic war) First introduction of liberal ideas to Spain. Period: 1810 to 1824 Loss of Latin American colonies Effects on Spanish Economy: - Huge deficit in the balance of payments. - Decrease in money supply (silver): deflation. - Bankruptcy of the Treasury. Period: 1931 to 1936 Second Spanish Republic Period: 1936 to 1939 Spanish Civil War