3 ms·
The British (by coming later) learned from the mistakes of the Spanish (who came first).
by appearsonline 9y ago
The British (by coming later) learned from the mistakes of the Spanish (who came first).
- o_nate 9y agoI think it was more just a matter of replicating their home country economic model in the New World, and being part of developments towards a market economy that were happening around the world, predominantly in the British sphere of influence.
- soneca 9y agoI learned that the abundance of gold and silver in Latin America prevented any kind of market-based economy evolving around here as colonies. Just slave everyone and make people extract the value from earth. Then came other natural resources with similar approach as sugar cane and coffee. North America had none of it, so the only way it could provide value to the empire was through commerce and a market-based economy.