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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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5mo 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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English, spanish, and portuguese are the major languages of the Americas by total speakers.


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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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