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Gold and Silver Discovery in Americas (Peru)

Definition

The discovery and subsequent mining/extraction activities related to gold and silver deposits found mainly in South America (particularly Peru) during the 16th century by Spanish conquistadors.

Related terms

Conquistadors: Spanish conquerors who came to the New World (Americas) in search of wealth and power during the 16th century.

Columbian Exchange: The widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas and the Old World following Columbus' voyages to the Americas.

Mercantilism: An economic theory that trade generates wealth and is stimulated by accumulation of profitable balances; it led European nations to establish colonies for resource exploitation.

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Study guides (1)

  • AP European History - 3.3 Continuities and Changes to Economic Practice and Development from 1648-1815

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About Us

About Fiveable

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CCPA Privacy Policy

Resources

Cram Mode

AP Score Calculators

Study Guides

Practice Quizzes

Glossary

Cram Events

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Crisis Text Line

Help Center

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.