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The Spanish gained full control over vast territories in the Americas, particularly after the conquests of the Aztec and Inca Empires in the 16th century. This expansion allowed Spain to establish a vast colonial empire, which included present-day Mexico, Peru, and much of Central and South America. The Spanish also controlled key islands in the Caribbean and established trade routes, significantly impacting global trade and cultural exchanges. Their conquests led to significant economic gains through the extraction of resources, particularly gold and silver.

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