Philip V was the first king of the Bourbon dynasty in Spain, reigning from 1700 to 1724 and then again from 1724 to 1746. He came to the throne after the death of the last Habsburg king, Charles II, which led to the War of the Spanish Succession. Philip's rule marked significant changes in Spain, including efforts to centralize power and modernize the government. During his reign, Philip V faced challenges such as political unrest and conflicts with other European powers. He implemented reforms that aimed to strengthen the monarchy and improve the economy. His legacy includes the establishment of a more unified Spain and the promotion of Spanish culture and arts.