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when they looked for it and found it they sold it
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∙ 11y agoThis answer is:
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Earn +20 ptsQ: How did Spain make money by looking for gold?
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Why was the Virginia Colony started and why did people move to it?
The purpose of starting a colony in virgina was to claim territories for Spain.
Goals of the virgina company in sending people to America were to make money and?
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Spain's economy didn't benefit from the gold and silver from the Americas because although it did make Spain wealthy for some time, it caused the value of their money to drop and as the demand of physical elements increased, so did prices (inflation) causing Spain's economy to fail
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