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The Portuguese and Spanish use of slavery in Latin America was seen as a lucrative business which ultimately led to internal and external development in gaining economic influence at any cost. The economic pursuits of the Spanish and Portuguese empires ushered in the era of the Atlantic Slave Trade.
European Colonial Rule, 1880–1940: The Impact of the West on India, Southeast Asia, and Africa (1982) 581pp; Betts, Raymond F. The False Dawn: European Imperialism in the Nineteenth Century (1975) Betts, Raymond F. Uncertain Dimensions: Western Overseas Empires in the Twentieth Century (1985) Black, Jeremy.
Indian commercial development is defined as the economic evolution of Native American tribes from hunter-gatherer based societies into fur-trade-based industries. From the early 1500s to the 1800s, intertribal and European relationships evolved in response to the growth of English settlements into the United States.
Technology led to increased industrialization and economic complexity in the areas of agriculture, trade, fuel, and resources, further separating east and west. Western Europe's use of coal as an energy substitute for wood in the mid-19th century gave it a major head start in modern energy production.
European demand for trade, commodities, colonies and slaves had a drastic impact on the rest of the world; during European colonization of the Americas, European colonial powers conquered and colonized numerous indigenous nations and cultures, and conducted numerous conversions and attempts at cultural assimilation both voluntary or forced.
An economic history of Europe, 1760-1939 (1939) online; Cipolla, Carlo M., ed. The Fontana Economic history of Europe (10 vol 1973–80) title list; Clough, Shepard Bancroft and Charles Woolsey Cole. Economic History of Europe (1952) 920 pp online edition; Heaton, Herbert. Economic History Of Europe (1948) online; Jones, E. L.
Native American trade refers to trade among the Indigenous people of North America and with European settlers. Trade with Europeans began before the colonial period, continuing through the 19th century and declining around 1937. The term Native American Trade in this context describes the people involved in the trade.
Its economy was eventually surpassed by the United States in 1916. [13] The United Kingdom's involvement in the First World War and the Second World War damaged Britain's economic power, and a global wave of decolonisation led to the independence of most British colonies.