French And English Colonization

7 Pages 1667 Words

ver to the New World. “Within fifty years of the Spanish arrival, the population of the Taino natives dwindled from some one million people to about two hundred.” (Bailey) This impression upon the Native American people in the New World, although not optimistic, shaped and limited cultures for thousands of years.
The Spanish began their bid towards the discovery of gold and silver in the New World and in turn, completely changed the world’s economy. The flow of gold and silver raised consumer costs in Europe and created a base towards the modern commercial banking system. This increase of bullion from the New World found a parallel growth of commerce and manufacturing between different countries. The silver from the Americas was also used for international trade with Asia, for the sellers needed New World silver to interact with other countries. Unlike the English, the Spanish settlements were scattered over large areas. Most of the population was present in Peru and Mexico, where the majority of silver was produced. The conversion of Nat...