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They profited through gold and silver, farming and landowning, and trade with Europe.

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βˆ™ 9y ago
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βˆ™ 7mo ago

The Spanish and Portuguese profited in the Americas primarily through the extraction and export of valuable resources such as gold, silver, sugar, and other Natural Resources. They also established trade networks, imposed taxes and tribute systems on indigenous populations, and set up colonial administrations that controlled economic activities in the region. Additionally, they engaged in forced labor practices, such as the encomienda system, to further exploit the labor force.

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Q: How did the Spanish and Portuguese profit in the Americas?
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Related questions

What are Latin Americas main languages?

Spanish, Portuguese and French.


What is a person called who is of pure Spanish or Portuguese descent and is born in the Americas?

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As slaves for the Spanish and Portuguese colonies in the Americas.


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The could overpower the natives and make them their slaves.


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Because that's pretty much the definition of "Latin" America: any country in the Americas that speak a Romance language, such as Spanish, Portuguese, or French.


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Because that's pretty much the definition of "Latin" America: any country in the Americas that speak a Romance language, such as Spanish, Portuguese, or French.


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The Portuguese settled in Brazil in the Americas


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Why were the Portuguese claims in the Americas relatively limited?

they couldn't own other land because it was already owned by the dutch and the Spanish.


Where did the Spanish and the Portuguese go to find treasure?

The Spanish and Portuguese explored the Americas and other territories to find treasure, such as gold, silver, and other valuable resources. They also established colonies and trade routes to support their pursuit of wealth and power.