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What impact did Cortes and Pizarro have on the economy and lives of the people they conquered (Inca's and Aztecs)?

What impact did Cortes and Pizarro have on the economy and lives of the people they conquered (Inca's and Aztecs)?
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What impact did Cortes and Pizarro have on the economy and lives of the people they conquered (Inca's and Aztecs)?

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User Pzulw
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In general, Cortes and Pizarro had a devastating effect on the economy and lives of the people they conquered, since a large majority of them were either killed or forced into slave labor.
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User AsafK
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