How did the wealth generated by the Spanish conquest of the New World influence interest in colonial exploration by the Portuguese.  ?

this is for my history class i need help with. How did the wealth generated by the Spanish conquest of the New World influence interest in colonial exploration by the Portuguese throughout the sixteenth century?

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  • 3 weeks ago

    Portugal already had an interest in the coast of Brazil, and this was formally recognized by Alexander VI in the 1494 Treaty of Tordesillas. This effectively divided the New World between the crowns of Spain and Portugal.

    The Spanish were extremely fortunate in finding vast gold reserves in Mexico and vast silver reserves in Peru. Brazil supplied exotic woods, animal pelts, and land for sugar plantations.

    The Portuguese explored the coast of Africa and the Indian Ocean, along with points much further east, before Spanish mariners sailing west discovered the Philippines. But only by a matter of 40 years or so.

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