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If we are talking about Spain then yes and no it was because the Treaty of Paris was signed which ended the Spanish-American War. Although they did lose. Spain’s defeat decisively turned the nation’s attention away from its overseas colonial adventures and inward upon its domestic needs, a process that led to both a cultural and a literary renaissance and two decades of much-needed economic development in Spain. If we are talking about the Americas yes it was worth it in the long run because The victorious United States, on the other hand, emerged from the war a world power with far-flung overseas possessions and a new stake in international politics that would soon lead it to play a determining role in the affairs of Europe and the rest of the globe.

Explanation: I hope this helps! HAVE A GREAT DAY!