Answer:
By 1600, Spain had reaped substantial monetary benefits from New World resources. Gold and silver began to connect European nations through trade, and the Spanish money supply ballooned, which signified the beginning of the economic system known as capitalism. The new riches ultimately created mass inflation and economic distress. However, Spain gained creative capital from their new global reach. These developments catapulted Spain into the Golden Age, or Siglo de Oro. Inspired by tales of rivers of gold and timid, malleable native peoples, later Spanish explorers were relentless in their quest for land and gold. Spanish explorers with hopes of conquest in the New World were known as conquistadores.