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During ww1 Spain was and remained neutral through out the war. Although Spain was neutral it played a great role in sending supplies to France, Germany and many other European nations. Spain also sent suplies to many South American nations. This affected Spains lifestyle by not only increasing the Spanish economy but it tripled Spains gold reserves and the Spanish people lived a brief age of wealth!
Because for expansion
mercantilism
why did the western European spend much of there wealth on building strong armies and navies
Exploration and commerce to create wealth
The Wealth of Nations was created in 1776.
The colonies supplied European nations with wealth such as raw materials, natural resources, trade routes, and a market place for finished goods.
Africa had a wealth of Natural Resources
European nations colonized Africa in the 19th century because of it's wealth of natural resources. Africa had a great amount of petroleum, lead, tin, copper and precious gems. Africa was a source of economic growth for the European countries.
An Inquiry into the Nature and Causes of the Wealth of Nations (generally referred to by the short title The Wealth of Nations) by the Scottish economist Adam Smith. was first published in 1776
The Wealth of Nations was written by Adam Smith.