Observances embrace Day of the Dead, Carnival, Holy Week, Corpus Christi, Epiphany, and nationwide saints' days, such because the Virgin of Guadalupe in Mexico. The mines in Peru and Mexico were within the hands of some elite mining entrepreneurs with entry to capital and a stomach for the danger that mining entailed. The Spanish imperial financial system's main international affect was silver mining. On one hand, silver manufacturing in New Spain drastically increased and led to financial deve...