HILA 2001 Lecture Notes - Lecture 18: Real Audiencia, Cochineal, Ayllu

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Why is peru so important to the spanish policies: because peru"s silver mines, etc. Which drove the late 16th and early 17th century economics. Core of spaniards" political and financial economy. From encomienda to hacienda growth of commercial agriculture and large landed estates: encomienda: Primarily prevalent in conquest generation when spaniards were few and indians many: 1519-1550 in mexico, 1533-1570 in peru. Essentially a grant of indians not one of land. Spaniard"s found it very easy to acquire lands whether through purchase, treaty, royal grant, or outright theft: with indigenous population decline, even easier to acquire land. However, problem for spanish was to secure the labor to make the land productive. Encomiendas continued to be central to spanish life in this generation. !1: their size led to more complex spanish estates both commercial seigneurial since larger populations = greater markets = greater ability to commercialize both spanish and indigenous people.

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