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A leading spokesman for America-as-Empire, British historian A. G. Hopkins, [216] argues that by the 21st century traditional economic imperialism was no longer in play, noting that the oil companies opposed the American invasion of Iraq in 2003. Instead, anxieties about the negative impact of globalization on rural and rust-belt America were ...
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
He argues that by the 21st century traditional economic imperialism was no longer in play, noting that the oil companies opposed the American invasion of Iraq in 2003. Instead, anxieties about The negative impact of globalization on rural and rust-belt America were at work says Hopkins:
The 19th century formed the roots of United States foreign interventionism, which at the time was largely driven by economic opportunities in the Pacific and Spanish-held Latin America along with the Monroe Doctrine, which saw the U.S. seek a policy to resist European colonialism in the Western Hemisphere.
The American Revolutionary War (1775–1783) and the collapse of the Spanish Empire in Latin America in the 1820s ended the first era of European imperialism. Especially in Great Britain these revolutions helped show the deficiencies of mercantilism, the doctrine of economic competition for finite wealth which had supported earlier imperial expansion.
France began colonizing America in the 16th century and continued into the following centuries as it established a colonial empire in the Western Hemisphere. France established colonies in much of eastern North America, on several Caribbean islands, and in South America. Most colonies were developed to export products such as fish, rice, sugar ...
The English colonization of America had been based on the English colonization of Ireland, specifically the Munster Plantation, England's first colony, [6] using the same tactics as the Plantations of Ireland. Many of the early colonists of North America had their start in colonizing Ireland, including a group known as the West Country Men ...
The economy also suffered from increasing tariffs and taxes imposed by the Spanish Crown. Furthermore, Spain had begun to exile or jail any person who called for liberal reforms. The Spanish–American War broke out in 1898, in the aftermath of the explosion of USS Maine in Havana Harbor. The U.S. defeated Spain by the end of the year, and won ...