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To offset the loss of labor, Spain and Portugal turned to the transatlantic slave trade, importing enslaved Africans to work on their plantations and in mines across the Americas. This system provided a new labor source to sustain their colonial economies, particularly in sugar and tobacco production. Additionally, they sought to incentivize local Indigenous populations through various labor systems, though these efforts were often met with mixed success due to high mortality rates from diseases and resistance. Ultimately, the reliance on enslaved African labor became a cornerstone of their colonial economic strategies.

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Why did Spain and Portugal become poor in the 1800's?

For Portugal, the cause was the occupation by Napoleon. The royal Family and a great part of Portugal's economic and social élite fled to its colony Brazil that already was prosperous and that with the arrival of King and nobles became the center of the Portuguese Empire and the focus of economic development. Portugal itself became much of a backwater, already having suffered the results of wars and earthquakes since the 1750's. When the King returned in 1821 and tried to reverse Brazil's status back to 'colony', his son - who he had left there to rule in his stead - put himself at the head of the movement that declared Brazil independent. The loss of its richest posession caused Portugal to become poor and remain so for well over a hundred years Spain's case was slightly different. The steady flow of silver from its American posessions since the 16th century had caused Spain to neglect its own economic development while at the same time spending its silver on being a big player in European politics, spending huge amounts on wars that seldom came out profitable. When the flow finally dried up, Spain basically was a banana republic that had run out of bananas. On top of that came Napoleon's conquest of Spain, followed by decades of civil unrest and civil war. At the same time, Spain's colonies started clamoring for independence and in the course of the 19th century Spain lost practically all of them.


What event cause public opinion to shift in favor of going to war with Spain?

Loss of the battleship Maine.


In Germany out of the world cup?

Yes Germany lost to Spain in the semi finals with a 1-0 loss.


Which two events directly led to Napoleon's fall from power?

The continued guerilla warfare in Spain and the major loss in Russia.


This event occurred in 1588 which signaled the end of Spain's time as a world power?

The Battle of Gravelines and the loss of the Spanish Armada.

Related Questions

What was a consequence of the Napoleonic Wars?

One consequence, owing to the Peninsular War (1807-1814) and the invasion of Spain, was the loss of most of Spain's colonies in South America, and the independence of Brazil from Portugal.


what was the consequences of the napoleonic wars?

One consequence, owing to the Peninsular War (1807-1814) and the invasion of Spain, was the loss of most of Spain's colonies in South America, and the independence of Brazil from Portugal.


Can an individual ordinary loss offset a capital gain?

Yes.


Can you use capital loss to offset dividend income?

ANSWER No capital loss can only be used to reduce any capital gain, and even in then there are rules. You can not use capital gain to offset against ordinary income. NB: Personal use capital loss can not be offset against any capital gain, losses on collectibles can only be offset against other collectibles capital gain and all "other" capital loss e.g. dividends, shares, real estate can be offset against "other" capital gain.


Does weight loss occur through elimination?

A little...but it's offset by eating.


Can you use long-term capital loss to offset short-term capital gains?

can long term gains be offset by short term losses


Can you take a capital loss on home sale to offset stock gains?

No, not if the home is your personal residence at the time of sale. A loss on a personal residence is not deductible. It cannot be used to offset any type of gains, ordinary or capital in nature.


Where was the 1755 sunami?

The 1755 tsunami occurred in the Atlantic Ocean, affecting coastal areas of Portugal, Spain, and Morocco. The most devastating impact was in Portugal, particularly in Lisbon, where the tsunami caused widespread destruction and loss of life.


Can you deduct the loss on your 401k on your taxes?

No, this is the offset of not having to pay taxes on 401K profits. Save


What did Spain receive as compensation for the loss of Spanish Florida in1763?

spain recevied 5 millon for spain


Can you offset Capital Gain Dividend with capital loss?

A capital gain and a dividend are two different things completely. You can offset a Capital Gain with Capital Losses, but you cannot offset dividends with capital losses. They are different items and are reported on different forms.


Can a C-corporation use its ordinary loss to offset capital gain?

A c corps capital gain is taxed as ordinary income so why couldn't you use an NOL to offset the gain?