Colonial economy 17-18th centuries: mining and mercantilism; subsistence and local markets
Mining and mercantilism: the imperial view
- Mercantilism--bullionism, monopolies, and controls
- Silver production and the transformation of trans-Atlantic trade
- Decline of the Carrera de Indias (fleet system)
Subsistence and markets: emergence of local, regional and colonial markets
- Mundane products: grains, livestock, textiles, hides
- Multiplicity of land holdings: villages, ranchos, haciendas, estancias
- Population growth spurred land conflicts, intensification of production, and proto-industry
Economy of early Spanish America: feudal, capitalist, or patrimonial?