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Why Was the Influx of American Gold and Silver into the English

Question 10

Multiple Choice

Why was the influx of American gold and silver into the English economy during the sixteenth century significant?


A) The influx led to increased power for the nobility and the House of Lords.
B) It stimulated further economic expansion.
C) The flow of gold and silver provoked Parliamentary conflict over how to spend England's new wealth.
D) It led Spain to declare war on England.

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