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This period cannot be understood without taking into account the ecclesiastical institution, in wich officials and religious orders became rich by acquiring large estates through inheritance or loans.

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This period cannot be understood without taking into account the ecclesiastical institution, in wich officials and religious orders became rich by acquiring large estates through inheritance or loans.

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From the beginning of the Colony, the Church was an institution with great force in all senses.

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From the beginning of the Colony, the Church was an institution with great force in all senses.

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The role of the Church during the colonial times was to finance many of the economic activities since it was the big moneylender in New Spain. The Church received a lot of money from rich and poor.

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The role of the Church during the colonial times was to finance many of the economic activities since it was the big moneylender in New Spain. The Church received a lot of money from rich and poor.

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Traders were so rich, they financed the Viceroyalty authorities and even the Crown with their own money.

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Traders were so rich, they financed the Viceroyalty authorities and even the Crown with their own money.

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from the midle of the sixteenth century with the  discovery of major deposits of silver in real del monte pachuca guanajuato parral and zacatecas the spaniards devoted themselves to the explotation of this mineral

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from the midle of the sixteenth century with the  discovery of major deposits of silver in real del monte pachuca guanajuato parral and zacatecas the spaniards devoted themselves to the explotation of this mineral

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The chrch was not the only institution with great wealth.the economic bonanza of the viceroyalty duringthe eighteenth century, allowed miners and traters to make great fortunes

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The chrch was not the only institution with great wealth.the economic bonanza of the viceroyalty duringthe eighteenth century, allowed miners and traters to make great fortunes

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The Church did not pay taxes for the goods that they possessed and these could not be transferred.

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The Church did not pay taxes for the goods that they possessed and these could not be transferred.

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They owned large tracts of land, wich affected the economy of New Spain. These properties were known as "mortmain"

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They owned large tracts of land, wich affected the economy of New Spain. These properties were known as "mortmain"

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Whith part of their wealth, some of these miners and acquired titles of nobility, public and conduced colonization expeditions in the norterm territories. 

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Whith part of their wealth, some of these miners and acquired titles of nobility, public and conduced colonization expeditions in the norterm territories. 

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The Church became so strong that the Crown, by means of the Bourbon Reforms, sought to reduce the control that it had and give to the state.

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The Church became so strong that the Crown, by means of the Bourbon Reforms, sought to reduce the control that it had and give to the state.

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Traders also managed to make large fortunes in New Spain, since they were the most powerful group, and were grouped in private institucion.

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Traders also managed to make large fortunes in New Spain, since they were the most powerful group, and were grouped in private institucion.