In what way did the discovery of the New World by Christoffel Columbus' profit Spain?

Question

With all the new herbs, spices and all he brought back. How did it profit his land?

Ugh, I mean in what way did it benefit the land.

Answer 1

Both material and non-material gain.
It gave Spain fame and fortune. It had just has successfully thrown out the Moors (Muslims) after 800 years of occupation of the Iberian Peninsula. It confirmed Spain as one nation again under Fernando de Aragón and Isabel de Castilla. (Los Reyes Católicos - the Catholic Kings), capable of great things. Nebrija, a scholar had just published the first Castillean (Spanish) grammar being one of its first in Western Europe. This also was an unification factor. So Spain could export its religion, culture, and language to a whole new world. Due to the recent "Reconquista" of Spain, the "Conquista" of the America's was also an outlet for the troops, who were already prepared. The discovery and subsequently the conquest was also important, for it gave the monarchs a way to repay its generals and other soldiers who had fought against the Moors.
With the discovery of new food items, spices, herbs, etc. (corn, potato, tomato, chocolate, peppers,...) they could trade them with other European nations, taking (partially) away the monopoly of Venice, Genua, etc. Gold (and also silver) was another important revenue.

The dark side was the destruction of cultures, the decimation (together with the other European nations) of the Amerindians and the slavery of Africans in the America's.

In the end it resulted in a double edged sword: in order to maintain itself as a Word Superpower, Spain had to borrow enormous amounts of money especially from Austrian and German banks which later would lead to a near bankrupcy of the nation.

Answer 2

It led to other voyages of discovery and the conquest of large areas of the New World. Large amounts of gold poured into Spain from the New World. Spain became the richest and most powerful nation in Europe. It brought new foods like potatoes, corn and tomatoes to Europe. Unfortunately it led to the slave trade and the conquest of the Indians of the New World. Also overseas empire impoverished Spain in the long run. The gold eventually disappeared into German & Italian bankinghouses.

Answer 3

After Columbus, Spain sent voyages to bring back goods from the Caribbean to sell in Europe - it created a huge trade advantage.

Answer 4

he brought back new STDs coca for cocaine and tobacco