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Why was the discovery of gold and silver in North and South America so significant?​

2 Answers

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It made many breakthroughs for the economy.
User Burton
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Hopes this helps:

Answer: People on fixed incomes were impoverished; because it became more advantageous to owe money than to be solvent. Money lost value everyday it stayed in one’s pocket, so the only way to prosper was through trade.

Have a great day.
User Nodir Rashidov
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