The most lucrative export of the Spanish colonies in Central and South America was:
A) indigenous slaves.
B) sugar.
C) rum.
D) silver.
E) gold.

Question

Quizplus · Accepted Answer

The most lucrative export of the Spanish colonies was silver, particularly from mines such as Potosí in present-day Bolivia. The abundance of silver in the colonies helped finance the Spanish Empire for centuries. While sugar and rum were also major exports, they did not generate as much income as silver. Indigenous slavery was widespread in the colonies but not a major export. Gold was also mined but not as extensively as silver.

The Most Lucrative Export of the Spanish Colonies in Central