One Spanish Official Remarked That "The Maxim of the Conqueror

question 37

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One Spanish official remarked that "the maxim of the conqueror must be to settle." Explain what you think he meant by this statement. Illustrate the various ways conquerors settled the New World, commenting on what worked, what did not work, and the consequences of those methods.

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Definitions:

Cash Outflow

A financial term indicating the outflow of cash from a business or individual for expenses, investments, and other transactions.

Guaranteed Rate

A fixed interest rate assured by a lender or issuer for a specified period.

Discount Factor

A multiplier used to determine the present value of future cash flows or investments.

Working Capital

The measure of a company's short-term financial health and operational efficiency, calculated as current assets minus current liabilities.