Search results
Results from the WOW.Com Content Network
High value goods included cacao, quetzal feathers, and exotic animal skins, such as jaguars. Since goods had to be transported by human porters called tlameme in Nahuatl, bulk products such as maize were not part of the long-distance trade. Cacao beans functioned as a medium of exchange in the Aztec period.
While initially a crop of the Indian subcontinent, the cultivation of sugar in the New World had significant effects on Spanish society. New World sugar cultivation added to the growing power of the Spanish and Portuguese economies while also increasing the popularity of slave labor (which had severe impacts on African, American, and European societies).
Potosí's deposits were rich and Spanish American silver mines were the world's cheapest sources of it. The Spanish acquired the silver, minting it into the peso de ocho to then use it as a means of purchase; that currency was so widespread that even the United States accepted it as valid until the Coinage Act of 1857. [5]
Built with Readymag—a tool to design anything on the web.
The Spanish mined American gold and silver at minimal cost and flooded the European market with an abundance of specie. This influx caused a relative decrease in the value of these metals in comparison with agricultural and craft products. [4] Furthermore, depopulation – specifically in southern Spain – resulted in a high rate of inflation. [4]
Sugar Mill, Matanzas Province, Cuba (1898) Spain began growing sugarcane in Cuba in 1523, but it was not until the 18th century that Cuba became a prosperous colony. The outbreak of the Haitian Revolution in 1791 influenced Cuban planters to demand the free importation of slaves and the easing of trade relations in an effort to replace Haiti as the main sugar producer in the Caribbean.
Hispanic-Americans, both immigrants and their descendants, have changed the world through their contributions to science, industry, the arts, sports, and politics — on Earth, obviously, but even ...
Support Latina and Hispanic beauty brands including Rare Beauty, Inala, Valde, Beautyblender, and Aloisia during Latinx Hispanic Heritage Month.