Question

What colony mine for gold and silver?
A.France
B.Spain
C.Great Britain

Answer 1

Spain was the colony that mined for gold and silver, particularly notable for the silver mines in Potosí, South America, and Spanish coins became the international currency of the era. The correct option is B.

Step-by-step explanation:

The colony that mined for gold and silver was Spain. During the 16th century, the Spanish established a colonial empire in the Americas and found large quantities of silver and gold. Especially notable was the settlement of Potosí in South America where they discovered rich veins of silver ore.

The Spanish implemented mercantilist policies, mandating that colonists could export only raw materials, including silver and gold, to Spain. These precious metals were so abundant that Spanish silver coins, such as the "pieces of eight" from the Cerro Rico mine and similar mines in Mexico, became the international currency of the era.