1. Economic systems for trade and
colonial well being of Spain!
• The discovery of the Americas helped Spain get useful agricultural goods and mineral resources
that were introduced to Spain by trade routs.
• Some of the products that Spain was introduced to were the potatoes, tomatoes, and corn had a
big influence on the Spanish economy.
• Gold from the Americas was used to pay for troops in the Netherlands and Italy.
• The valuable metals from the Americas had a damaging effect on the poorer part of the
populaAon, as goods became more costly.
• DomesAc producAon was heavily taxed, making prices go up for Aragon and CasAle made goods.
• The overall result of plague and emigraAon reduced the populaAon of Spain by 8 to 7 million by
the mid 17th century.