Showing posts with label Silver. Show all posts
Showing posts with label Silver. Show all posts

Potosi: The Mine that Changed the World

Sketch of Potosi in 1533
The discovery of the Americas was just the start of an exploration of a land that had so much potential and resources. A new economic order in Europe brought so much change in trade and economic perspective and policies. This new policy, called Mercantilism, brought the need for the control of sources of raw materials as well as new markets for manufactured products. This led to a wave of imperialism, colonialism, and a search for sources of wealth. The Spanish, in particular, were keen to discover El Dorado, the city of gold. But what they found out in the Peruvian highlands was almost similar in size of wealth. Cerro de Potosi would change a landscape of the mountain itself and world commerce as a whole.

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