What were the economic motivations behind the Spanish conquests?

History The Spanish Conquistadors Questions Medium



80 Short 80 Medium 47 Long Answer Questions Question Index

What were the economic motivations behind the Spanish conquests?

The economic motivations behind the Spanish conquests were primarily driven by the desire for wealth and resources. The Spanish conquistadors sought to acquire gold, silver, and other valuable commodities from the newly discovered territories. They believed that these riches would bring immense wealth and power to Spain, as well as help finance ongoing wars and territorial expansion. Additionally, the conquistadors aimed to establish trade routes and monopolies in order to control the flow of goods and maximize profits. The conquests also provided opportunities for the Spanish to exploit the labor and resources of the indigenous populations, leading to the establishment of encomienda systems and the extraction of valuable resources such as agricultural products and precious metals. Overall, the economic motivations behind the Spanish conquests were centered around the acquisition of wealth, resources, and control over trade routes.