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... ilver mines, as well as crops and other mineral metals. Spain ships these resources back to domestic production and then trades the assets.

Spain began to plunder the Americas almost frantically, but these did not lead to the pre-industrialization of Spain.

After plundering the Americas, Spain seized a lot of money and resources and began to settle for the status quo, profligately squandered, and did not focus on long-term development.

As a result, the basic conditions from ...

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