International trade was their biggest source of income.
Trade - spices, grains, animal pelts
Trade - spices, grains, animal pelts
Spain's economic power in the 16th century was the direct result of it's military power which in turn was paid for by the wealth of the New World.
Relying on one major source of income can expose a country to significant economic vulnerabilities, such as price fluctuations and demand changes in that sector. If the source of income, like oil or tourism, experiences a downturn, it can lead to severe financial instability, unemployment, and reduced public services. Additionally, such dependence can hinder diversification, making it difficult for the economy to adapt to new opportunities or challenges. This lack of resilience can ultimately threaten national security and long-term growth.
The primary source of income for local governments are real estate taxes. Some cities also impose their own wage taxes and sales taxes ( such as New York City and Yonkers).
as a source of precious metal
can anybody help mi find what was the main source and income of New Hampshire
can anybody help mi find what was the main source and income of New Hampshire
Furs were the main source of income
Trade - spices, grains, animal pelts
Trade - spices, grains, animal pelts
Trade - spices, grains, animal pelts
What was the source of income of new york
Corn
Spain was the first country to send explorers and colonists to the New World.
Spain was the first country to send explorers and colonists to the New World.
The New World was discovered by mistake. Spain hoped that to sail in the opposite direction will get it to India.