Silver and gold (Edexcel GCSE History): Quizzes

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Silver and gold
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What did silver & gold become in the Spanish Empire during the 16th century?

Foundation of Spanish wealth

Where did the Tierra Firme fleet sail to and from?

The South American mainland

What % of gold & silver went to Spanish merchants & conquistadors?

75%

What were the Spanish silver coins called?

Pieces of eight or pesos

During which years did Spanish silver fund major military campaigns against France?

1542-1546

How did American silver affect Spanish manufacturing industries?

Less incentive to develop them

When did large-scale silver transportation from the Americas begin?

1520s

What was a key advantage of the convoy system?

Ships could defend each other

What % of treasure belonged to the Spanish royal treasury?

25%

Where did the Nueva España fleet travel to and from?

Mexico (New Spain)

What effect did the abundance of silver have on prices in Spain?

Price inflation & higher costs

What role did 'pieces of eight' play internationally?

Served as currency standard

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