In the period 1783 to 93 William Pitt was involved in many different reforms, in areas of finance, administrative and commercial. These were crucial in some way and contributed to Pitt trying to bring about a national revival in Britain. The American War of Independence had had a serious affect on Britain, by ruining government finances, due to the costs of war and the disruption to trade caused by the war. The main problem facing Pitt was the national debt; it had rose, by 91%, to £250 million, with the government expenditure exceeding income by £10.5 million per annum. In addition the interest on the debt alone was £9 million per year.
The Efiks developed a complex culture resembling the beginnings of English consumerism. They would trade slaves for copper and manufactured goods. Power became associated with wealth, and the acquisition of wealth became the primary focus of attaining and maintaining power. Not surprisingly, as power was vested in wealth, trade wars developed. The trade wars between Old Calabar and New Calabar exemplified the best and the worst characteristics of capitalism.
Following the Christopher Columbus’ discovery of the Americas, the Spanish has colonized both Central and South America in the 16th century. The Spanish aims and their attitudes had a huge effect on the Americas and their conquests were one of the history’s biggest turning points. Ever since Christopher Columbus discovered America, the aims for the Spanish were to gain control over their riches, land, religion, and resources. For example, the Spanish wanted to exploit gold, spices, and even their people, for slavery. Having heard the rumors of wealth and riches in the Americas, many conquistadors were motivated to have a journey.
At this time there was a need for a labour force to work the lucrative plantations and so this was the basis on which the slave trade was formed. When Britain won the Asiento contract in 1713 to supply Spanish colonies with slaves they gained total dominance of the West African slave trade to the Caribbean and the West Indies. Planters in the West Indies and Caribbean needed a labour force
Both economics and politics experienced radical changes during the Early Republic period in America. Remarkably subtle but undoubtedly significant was the development of a recognizable middle class during the Early Republic. This revolution can be attributed to what Wood refers to as a “consumer revolution of immense importance” and through the pervasive spread of commerce. A newfound appreciation for domestically internal trade and the recognition of the significance of this internal trade increased prosperity and gave more people enthusiasm for business. The quantity of those involved in buying and selling increased exponentially and in response, the development of modern day concepts such as businessmen and entrepreneurs arose.
Since Europeans were experiencing great economic gain, because they had the slaves and native peoples working for them, European countries with established colonies in the Americas began to become increasingly richer. This sparked a social change since an increase in finances led to an increase the power that kings and authority figures in Europe possessed. However, a negative social aspect that occurred due to Europeans immigrating to the Americas was that they brought diseases from their home countries that the native peoples weren’t exposed to before. This caused a devastating decrease in the population of the Native Americans throughout this time
Jose F Suarez American history project #1 Cuba. Virginia 1) Why was colony established? At the beginning of the c.1500 century the European continent was devastated by and was in desperado need for territorial expansion, there were the bubonic stink and many other diseases that had claimed the lives of many European citizens and they growling the cities, the old continent was devastating. The possibility of expansion was a dream coming to be for those European countries, with Spain and Portugal as the pioneers of the great adventure, finding gold will solved the economic situation of Europe. Great interest in America colonization was awakened throughout the Kingdom by a little book on “western planting” inspired by Raleigh and writing by Richard Hakluyt.
The World War I had brought America to the forefront of the global outlook. The war time excesses in production transformed into prosperity during the next decade which would watch America seek continued isolation despite the mounting global challenges. The Great War and the resulting Versailles Treaty left Europe in a rather deprived and devastated state where the Europeans continued to seek cultural and economic assistance from their cross-Atlantic neighbors. With new job opportunities, progressive ideas, an air of liberalism had developed around the American continent. This openness and jubilance was most evident in the arts, entertainment and economic sectors of the economy.
Discuss the political, economic and social circumstances behind Spain’s overseas enterprises. What were the consequences of these enterprises for the indigenous populations of the New World? “The sun never sets upon the Spanish empire, for it dominates, not just Europe, but stretches around the world.” This was said of the Spanish empire which debatably by the end of the 16th century had amassed for her one of the largest empires in the world. It is my firm belief that political, economic and social circumstances were of great relevance in the gradual emergence of this vast empire. Spain for a time in the centuries leading up to 1492 had suffered under the rule of the Moors, so with the fall of their grip and hold of Granada and the marriage
Nahua accounts from the Florentine Codex by Sahagun clearly convey Spanish self interest in the war, “For gold what was they greatly thirst for , they were glutinous for it, starved for it , piggishly wanting it” . Amassing vast riches was Cortez and his men’s ultimate goal, when given gifts by local native tribesman, Diaz narrates “The gold in the helmet was worth more to us than if it had contained $20,000 because it showed us that there were gold mines there” . In his letter to Charles V, Cortez warns him about the dire need of instilling Christian values among the savage natives, he reminds him about the revenue and royal dominions a colony like Mexico could bring the king for a settlement in Mexico would be both beneficial to “service of God and your Majesties” . While using Catholicism to justify their presence, the Spanish displayed a Eurocentric view on the native culture and their religious