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Question about Spanish Colonization: Economy, Politics, Society, Colonial Pact, and Slavery

History

Originais Teachy

Spanish Colonization: Economy, Politics, Society, Colonial Pact, and Slavery

Easy

(Originais Teachy 2024) - Question Easy of History

During the Spanish colonization in America, the economy of the new land was quickly shaped by the search for precious metals, such as gold and silver, which sustained the flourishing of a vast empire and contributed to the introduction of an interconnected global economy. However, intensive mineral exploitation led to profound social and environmental transformations, accompanied by the proliferation of institutions that ensured the control and exploitation of the native and enslaved African populations. Based on this historical context, and relating History information with Geography concepts, identify the direct impact of the intensification of mining, specifically labor in the mines, on the establishment of a colonial structure and the configuration of the Spanish colonial pact. Considering the formation of an export economy and the influx of precious metals into Europe, also analyze the role played by this 'silver flood' in the development of the global economy of the 16th century.
a.
The intensification of mining in colonial America had a direct impact on the social structure, based on the exploitation and control of indigenous peoples and enslaved Africans, and on the establishment of a commercial monopoly system that reinforced the economic dependence of the colonies on Spain. The resulting 'silver flood' from the export of precious metals contributed to the formation of an interconnected global economy, where Europe played a central role.
b.
The 'silver flood' from colonial America had an isolationist effect on the European economy of the 16th century, leading to border closures and a decrease in trade with other regions of the world.
c.
The intensification of mining in colonial America led to a significant decrease in the demand for African slaves, due to the efficiency of the exploitation techniques developed by the Spanish colonizers.
d.
The Spanish colonial pact established a system of free trade between the American colonies and Spain, allowing agricultural and mineral products to be traded in any port of the empire.
e.
The abundance of gold and silver in colonial America had a negligible impact on the European economy, as the amount of imported precious metals was not sufficient to alter the economic practices of the time.

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