Actions of competing European nations were that the Spanish conquered both the Incas and the Aztecs while they were in the Americas.After this, the Spanish made two colonies in the New World, the Viceroyalty of New Spain and the Viceroyalty of Peru. Spain then found silver in one of Bolivia’s mountains. They put indigenous people to work in those dangerous conditions, killing thousands, and using mercury to refine the silver, killing many more. Economic changes that happened in Europe was that there was so much silver in Spain, Spain’s economy crashed into oblivion. Spain was managing their silver poorly, which angered other European nations. This then led to the Spanish Armada in 1588, killing thousands of Spanish and English people. China