In the earliest days of colonization, profits from the mines, ranches, and plantations of Middle/South America tended to be reinvested in the region.

Question

Quizplus · Accepted Answer

Most profits from mines, ranches, and plantations in Middle/South America during the earliest days of colonization were not reinvested in the region but were instead sent back to the colonizing countries, primarily to fund further colonial expansion and enrich the European economies.

In the Earliest Days of Colonization, Profits from the Mines