Acquisition of labor textiles workshops late 1600s in

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Acquisition of labor Textiles workshops: late 1600s in the Andes  To get that labor you needed access to indigenous  laborers and to get that you needed encomiendas The natives did not see the introduction of Europeans and  Spaniards and tax tributes as some sort of great divergence of  society; they were used to paying tributes, they simply  perceived it as a part of a continuous foreign establishment or  colonialism of their society Discovery of silver mines in Zacatecas, Guanajuato, and Potosi, mercury in  Huancavelica: Early Spanish colonial economy in organized around mining o Mineral wealth o Spaniards were astounded by the scale of these Latin American  civilizations, but also with the abundance of silver of gold Powerful militaries, complex economies, tremendous amounts  of wealth, intricate and extensive trade amongst civilizations Close colonial control of trade (mercantilism) o All commerce controlled by a royal house of trade Based in Seville Closely controlled trade allows Crown to receive a large portion  of the wealth and continue to prosper (“Quinto”)
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o All ships go through Seville and Cadiz and a couple of American ports,  Cartagena and Veracruz: No free external (or internal trade and  permitted) Because all ships coming from the islands hold great wealth and  are protected by the Spanish Armada o Fleet system (no economic integration and limited trade within Latin  America) No benefit in trading between colonies so often these indigenous areas would  only trade with Europe o Very little infrastructure and it was strictly regulated o Caused economic fractures between society’s Merchants control all trade and exercise monopolies (origins of trade  imbalance, lack of domestic investment and capital) o These people controlled credit, capital, money, etc. Spanish colonial economy relies on taxing trade in silver: Spain as middleman  between Europe and Latin America o Protecting it’s colonies and putting the proceeds of colonization into  protecting it’s military from pirates, competing countries, etc.
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  • Spring '12
  • ThomasKlubock

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