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Why did Spain eventually cease to be the most successful European power in the New World?

Why did Spain eventually cease to be the most successful European power in the New World?
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Why did Spain eventually cease to be the most successful European power in the New World?

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User Bcjohn
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Spain eventually cease to be the most successful European power in the New World since Spain used its gold to buy manufactured goods from other countries and to fight wars. Thank you for posting your question here. I hope the answer helps.
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User Bandw
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