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Which statement best describes how Spain was affected by its discovery of silver and gold in the "" New World""

User SunLiWei
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Answer:

Well, you didn't give any option to choose, but I'll try to help you as best as I can. The discovery of silver and gold by the Spanish Throne promoted the consolidation of the Spanish monarchy and its enrichment.

Step-by-step explanation:

The process of colonization and obtaining wealth (gold and silver) was closely linked to the consolidation of European monarchies (especially Portugal and Spain). This was only possible through the violent exploitation of the colonies. European states accelerated the process of wealth accumulation, which made it possible to take the initial steps towards the Industrial Revolution. But it delayed the development of the colonies.

User Haris Farooqui
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