What were the economic systems and trade networks established by the Spanish conquistadors in the Americas?

History The Spanish Conquistadors Questions

What were the economic systems and trade networks established by the Spanish conquistadors in the Americas?

The Spanish conquistadors established a system known as the encomienda system, which granted them control over indigenous labor and resources in exchange for protection and Christianization. They also established a trade network known as the "Columbian Exchange," which facilitated the exchange of goods, plants, animals, and diseases between the Americas and Europe.