What is the difference between "hay" and "hubo"?

In Spanish, "hay" is the verb that states that "there is" something or someone here or there. However, "hubo" is the past tense, which means "there was".A few examples will make it easier to understand: Hay un plato en la cocina -> There is a plate in the kitchen Hubo un accidente de coche -> There was a car accident

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