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How Spain achieve its goal of increasing wealth and power with its colony?
Wiki User
∙ 16y ago
Spain established the colony to add to its own wealth and power and to convert the local people to Christianity.
Wiki User
∙ 16y ago
Spain achieved its goal of increasing wealth and power with its colonies by exploiting Natural Resources, establishing trade networks, and extracting valuable commodities like gold and silver. They also enforced strict trade regulations to maintain a monopoly on colonial trade and imposed heavy taxes on goods imported and exported from their colonies. Additionally, Spain utilized forced labor systems and established a hierarchical social structure to control and exploit the indigenous population for economic gain.
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