Question

Why did mercantilism in Spain fail to produce the positive benefits seen in England and France?(1 point)
1 Spain never established colonies in the Americas.
2 Spain did not invest the gold and silver it received from its colonies.
3 Spanish colonies continued to use the encomienda system rather than chattel slavery.
4 Spanish colonies did not produce important raw materials.

Answers

GPT 3.5
2 Spain did not invest the gold and silver it received from its colonies.

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