Question

What role did gold play in the economy of Europe during the 1500s

Answer 1

Europeans found native populations wherever they landed and their first task was to befriend them. After gold and silver was discovered among the natives, the age of European exploitation began. In this way, exploration turned to exploitation.

Answer 2

Gold played an incredibly large role in the economy of Europe during the 1500s, since this was the time of great European exploration of the New World, which brought back large amounts of gold from what is now Mexico.