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

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9y ago

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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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10mo ago
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Q: How did the Spanish and Portuguese profit in the Americas?
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