To increase its own wealth and power
Search for new riches
To increase its own wealth and powerSearch for new riches
The Virginia Company of London funded the Jamestown settlement in 1607. It was a joint-stock company established for the purpose of establishing colonies in the New World.
puerto rico
Spain
Spain made money from its colonies by trading resources. Spain was very dominant in the New World era with the Spanish colonization lasting over 400 years.
Establishing colonies, with their money and for their country, in the "New World".
The colonies were a by product of searching for a water route to Asia. They were there and when a nation seeks lands they often colonize and claim where they have gone. It means power and often wealth. There is a flag on the moon right now for the same reason.
The natural resources of the country they colonised.
rivalry
Spain administered its colonies in the New World through a centralized system that included viceroys, who acted as royal governors, overseeing vast territories. The colonies were divided into administrative units called viceroyalties, each with its own capital. The Spanish Crown implemented the encomienda system, which granted colonists the right to extract labor and tribute from Indigenous peoples. Additionally, the Catholic Church played a significant role in governance and cultural assimilation, establishing missions to convert and educate Indigenous populations.
Spain controlled most of the colonies and the shipping routes
Spain controlled most of the colonies and the shipping routes