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The discovery of the New World greatly impacted Europe, and Spain in particular. The New World, which consisted of North and South America had effects in Spanish government, economy, and society. It necessitated Spain's governmental adaptation in order to govern such a vast area. Spain set up viceroyalties, which were territories under the rule of a viceroyal, who governed under the direction of the Spanish Crown. The New World also brought great wealth to Spain, through slaves, which they both sold and used as labor, agriculture, which flourished in S. America's climate, and mining, which was the main industry. It also helped promote Spanish capitalism by funding the actions of newly-rich entrepeneurs. Finally, the cruel treatment of the natives led to social divisions in Spain.

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