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What is Colombian Factory: Economic Exploitation History about?
The Colombian factory was an economic model initiated by Columbus in Hispaniola, focusing on gold extraction and the enslavement of indigenous populations. The system evolved from barter to forced labor, leading to significant decline in the Taíno population due to mistreatment and disease. By 1503, the Colombian Factory model was replaced by the encomienda system, which continued the exploitation of indigenous people under the guise of providing them with freedom and fair wages.
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