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What is Economic Impact of Conquest about?
The natives used gold, cocoa, quetzal feathers, cotton blankets, jade, and gold granites as currency. When the Spaniards arrived, they paid for goods with gold and silver as well as food like cocoa, corn, and potatoes. The economic impacts of the conquest included an increase in precious metal production, the rise of a new bourgeoisie class, and the introduction of new money management systems and crops and animals. However, negative impacts were that the Spaniards took gold and resources from the natives,
- Author
- ludys
- Language
- EN