How did the Spaniards get rich?

The Spaniards grew rich primarily through the exploitation of resources in their colonies, particularly in the Americas, where they extracted vast amounts of silver and gold. The establishment of plantations and the use of enslaved labor also contributed to wealth generation through the production of sugar, tobacco, and other cash crops. Additionally, international trade and the establishment of trade routes facilitated the flow of wealth back to Spain, further enriching the Spanish crown and its nobility.