Spain's desire to secure profits from its American empire led to the establishment of a mercantilist economic system, prioritizing the extraction of resources such as gold, silver, and agricultural products. This focus on resource extraction resulted in the implementation of strict trade regulations, limiting commerce to Spanish ships and requiring colonies to supply raw materials while importing finished goods from Spain. Consequently, the economic activities of Spanish America became heavily centered on mining and plantation agriculture, stifling local industries and fostering dependency on the Spanish crown for economic prosperity.
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America
The status of American Indians in the economic activities of the Spanish and French colonies varied significantly. In Spanish colonies, American Indians were often subjected to the encomienda system, which forced them into labor under harsh conditions while also being converted to Christianity. In contrast, the French tended to engage in trade relationships with Native Americans, particularly in the fur trade, allowing for more collaborative and reciprocal economic interactions. Overall, while both colonial powers exploited Native populations, the nature of their economic relationships differed, with the French approach generally being less coercive than the Spanish.
America won the Spanish-American war.
America's ONLY rival in the Spanish-American War was Spain.
The military and economic aid provided by France during the American Revolutionary War tipped the balance of power in North America in favor of the Patriots. Spanish economic aid while covert was also higly valued.
Latin American development and economics are discussed on CEPAL. The website is known as ECLAC (Economic Commission for Latin America and the Caribbean). CEPAL is the Spanish acronym.
The US was recognized as a World Power as a result of the Spanish American War.
It was a principal belligerent.
Cuban Independence.
Yes.