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Viceroyalty of Peru

Latin American History Final

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11/10/14 9:14 PM BOOK NOTES p.146-154, 177-180 Structure = familiar from the conquest period Mines provide basic economic motor Export product and currency International merchants imported European goods Paid in silver which then went to Europe in return for more goods Two Zones of Silver Production Mexican North South-Central Andes (Potosi) Mine shafts could extend hundreds of feet in depth (growing deeper and wider) major problems with drainage Required large-scale investment far in advance of return Refineries headquarters of each mining sight housed owners, technical staff, skilled workers Two-part structure of the industry = radical separation of business Distinction between more skilled refinery workers and more quickly shifting, less skilled workers
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