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Q: What year did colonists in new Spain hope to gain wealth from farms businesses and gold and silver mines?
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What year did colonists in new Spain gain wealth?

1536


How did Americans wealth help enrich Spain?

American wealth enriched Spain because they were trading together. The businesses in America were able to produce useful things for Spain due to their resources.


What American products became the basis for Spain's wealth?

Gold and Silver


How did gold and silver mining in North and South America impact Spain's economy?

Spain acquired a great deal of wealth because the gold and silver were sent to Spain.


How did American help enrich Spain?

American wealth enriched Spain because they were trading together. The businesses in America were able to produce useful things for Spain due to their resources.


What wealth did Spain get from Mexico and Central America?

The most important resource was gold, followed by silver.


What were sources of wealth for Spain in its American Empire?

1. GOLD 2. Silver 3. Agriculture


The region at which location beacme a source of great wealth for Spain during the colonial period?

During the colonial period, Spain extracted enormous wealth in the form of gold, silver and new crops from the Americas.


Why did Spain take over Australia?

In all its history, Spain has never taken over Austraila. Perhaps you meant South America and Central America? If so, the basic answer is the prospect of wealth, chiefly gold and silver. The wealth did not eventually benefit Spain.


What best accounts for spain's wealth from the colonization of the New World?

(Not me) I would say that Spain gained a fortune from the bounties from their colonization of the new world. After all, they controlled most of the southern half of what is now the United States, and also controlled the entirety of South America.


What were Spain's religious goals when they colonized the Americas?

Primarily to convert all the heathen natives to Christianity, and remove as much gold, silver and other wealth back to Spain.


How did the conquest of Peru affect Spain?

The Spaniards gained vast wealth in gold and silver, emerging as a major European power.