Which of the following factors contributed the most to the increase of Spanish power in Europe in the late 1500s?

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1 point
A decisive victory over the mighty English navy.
Its traditional, agriculturally based economy.
The steady supply of wealth flowing into Spain from its colonies in the Americas.
The near-constant warfare it waged in Europe defending Catholicism.

The steady supply of wealth flowing into Spain from its colonies in the Americas contributed the most to the increase of Spanish power in Europe in the late 1500s.