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The Spanish economy in the early modern period was largely based on agriculture and mining. Agriculture, particularly the cultivation of crops like wheat, olives, and grapes, was essential for sustenance and trade. Additionally, the discovery of vast silver mines in the Americas, especially in places like Potosí, significantly boosted Spain's wealth and facilitated extensive trade networks. These two sectors played a crucial role in shaping Spain's economic power during its imperial era.
What else can I help you with?
What is New Mexico's economy based on?
Mexico's economy is largely based on Industry.
What type of economy is based on mining or producing raw materials to be used in foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
In a traditional economy what are the economic decisions based largely on?
In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê
How is a hunter gatherer economy different from an agricultural economy?
The arrival of Spanish changed the economy of the California Indians from a hunter-gatherer economy to an agricultural economy.An agricultural economy is based on growing more food than Is needed for survival
Is an economy that is based on mining or producing raw materials to be used in foreign industries called an extractive economy?
Yes, it is called an extractive economy
What is New Mexico's economy based on?
Mexico's economy is largely based on Industry.
How was the. Economy of the south different from the economy of the north?
The south's economy was based largely on growing cotton. The north's economy was based on industry.
What is the economy of Macau like?
Macau's economy is largely based on gambling and tourism
What type of economy is based on mining or producing raw materials to be used in foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
In a traditional economy what are the economic decisions based largely on?
In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê
What is the entire african economy based on?
At present, the African economy is based on commodities and raw materials. Components of its economy include industry, agriculture, and trade.
What type of economy is based on mining or producing raw materials to used in foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
What type of economy is based in mining or producing raw materials to be used in foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
What type of economy is based on mining or producing raw materials to be used to foreign industries?
An industrial economy is based on mining or producing raw materials to be used in foreign industries.
How is a hunter gatherer economy different from an agricultural economy?
The arrival of Spanish changed the economy of the California Indians from a hunter-gatherer economy to an agricultural economy.An agricultural economy is based on growing more food than Is needed for survival
Is an economy that is based on mining or producing raw materials to be used in foreign industries called an extractive economy?
Yes, it is called an extractive economy
What was the california economy based on during the time of mexican rule?
During the time of Mexican rule, the economy in California was largely based on ranching and trade. California became a state on September 9, 1850.
