Question

During the 16th century, why did European nations like Spain and Portugal become interested in colonizing the New World?

A .Gold and silver were discovered in Mexico and Peru.

B.Trade in the East was no longer making any profit.

C.A famine was occurring in the Iberian Peninsula.

D.Both countries had issues with overpopulation.

Answer 1

B. Trade in the East was no longer making any profit.

Step-by-step explanation:

Answer 2

Portugal and Spain established trading networks that contributed to the creation of the first global economy.

Step-by-step explanation: