In economic terms,New World colonization and plunder had the greatest positive effect on the:
A) Italian city-states of Venice and Genoa.
B) Portuguese.
C) Spanish.
D) English.
E) Dutch.

Question

Quizplus · Accepted Answer

Spanish colonization and plunder of the New World led to a massive influx of silver and gold into Europe, which fueled economic growth and expansion throughout the continent. This wealth allowed Spain to become a dominant power in Europe for centuries and also had a significant impact on the global economy.

In Economic Terms,New World Colonization and Plunder Had the Greatest