Certainly! Here's a clear and concise answer to your question:
1. A major result of European mercantilism policy in Latin America was the exploitation of indigenous peoples for labor and resources.
2. European powers, such as Spain and Portugal, implemented mercantilist policies that aimed to extract wealth from their colonies.
3. This led to the encomienda system where indigenous peoples were forced to work in mines and plantations for the benefit of the European colonizers.
4. The harsh treatment and labor demands under mercantilism resulted in the decline of indigenous populations due to disease, overwork, and poor living conditions.
5. Additionally, the focus on extracting resources for European gain often disrupted traditional indigenous economies and ways of life.
In summary, the major result of European mercantilism in Latin America was the exploitation and negative impact on indigenous peoples through forced labor, population decline, and cultural disruptions.
