What made many people in those island colony rich?

Answer 1

Many people in island colonies became wealthy due to the cultivation and export of valuable cash crops, such as sugar, tobacco, and coffee. The use of enslaved labor significantly boosted production, allowing for high profits from these commodities in global markets. Additionally, strategic trade routes and colonial economies facilitated access to resources and markets, further enriching the colonists. This wealth often led to the establishment of a powerful elite class within the colonies.