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In 1513, Balboa led an expedition from Darién to search for a new sea reportedly to the south and for gold. He hoped that if he was successful, he would win the favor of Ferdinand, the king of Spain. While he didn't find the precious metal, he did see the Pacific Ocean, and claimed it and all of its shores for Spain.

Which means to say, Spain gave Balboa money in hopes for him to find gold, but instead found land for Spain.

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8y ago
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Q: Why did the Spanish give Vasco Nunez de Balboa money to explore?
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