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Initially spaniards piled in and plundered eventually

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Unformatted text preview: people take from history elements that empower them, especially when subjugated. These three decades are ones of conflict, and Spalding defines the Spanish position during this time (with the scope of economic objectives and motivations) as one of an extractive economy (“plunder economy”) The people of the region didn’t rebel against the plunder economy at the beginning, as that was typical of plunder economy, but that only lasted up to a point as the amount of plundering became too much to maintain. Initially, Spaniards piled in and plundered, eventually wearing the population thin and making the “plunder economy” bubble burst. The silver mining was not efficient enough for the Spanish. The population died off in HUGE numbers, leading to a deficit in the workforce that meant that production levels couldn’t satisfy the Spanish. BUT none of the extracted wealth was invested back into society, and so isn’t possible to continue in this manner How was production of silver carried out? Kurakas organized the ore extraction from the mines through the system of mitmaq The miners were unskilled, the refinement was done by (honorable position in society) skilled workers The Spaniards got all the silver Production of silver becomes more efficient Until the point (1560s), when Charles the 5th dies the Spanish Empire was mostly focused on Europe with the Americas not contributing much to the Empire. Diseases arrived before Pizarro, as there h...
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