There was a one-way flow of wealth favoring the colonizers.
The colonizers used the resources of their colonies to grow their own economies.
Because France and Britain were the two most powerful nations in the world in the 18th and 19th centuries and saw it as their right to conquer less developed countries and take advantage of their natural resources.
In the 1500s, Spain and France expanded their wealth through the establishment of trade routes and colonies, primarily in the Americas. Spain focused on extracting precious metals like gold and silver from its colonies, particularly in present-day Mexico and Peru, which significantly boosted its economy. France, while initially slower to colonize, developed lucrative trade networks in fur and other resources, especially in Canada and the Caribbean. This competition for resources and territory laid the groundwork for ongoing European imperial ambitions and rivalries.
The colonizers used the resources of their colonies to grow their own economies.
colonies was an easy way for European countries to make money... that would cost very little to develop and maintain.... yet they could exploited the host countries natural resources and cheap labor... for their own benefit...
Extracted resources from their colonies
Extracted resources from their colonies
There was a one-way flow of wealth favoring the colonizers.
Most colonies were developed in New France because of fur trading and resources such as medical items.
European countries were battling for land, power, resources, etc., which meant they needed colonies.
Spain did not have the commercial infrastructure to profit from its colonies. The gold went to other European countries.
The colonizers used the resources of their colonies to grow their own economies.
The colonizers used the resources of their colonies to grow their own economies.
mercantilism
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
European countries founded colonies because they wanted the New World's land for resources such as gold and fur. They also wanted to expand their empire.
The colonizers used the resources of their colonies to grow their own economies.