Spain's economic policies refer to the strategies and actions implemented by the Spanish government to regulate and control economic activities during colonization.
Related terms
Mercantilism: An economic system where colonies exist for the sole purpose of benefiting their mother country through trade and exploitation.
Encomienda System: A labor system established by Spain in which indigenous people were forced to work under harsh conditions on Spanish-owned plantations or mines.
Columbian Exchange: The widespread exchange of plants, animals, diseases, and ideas between Europe, Africa, and the Americas as a result of European exploration and colonization.