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During the period from 1750 to 1900, world trade surged due to increased manufacturing in Europe, leading to a high demand for raw materials from colonies. This economic shift created single-export economies in regions like Mexico and Brazil, benefiting plantation owners but resulting in minimal economic growth for the lower classes. The 19th century saw the rise of economic imperialism, where US and European businesses dominated international markets, often colluding with local rulers for economic advantag
- Author
- chinnu .. aka baldkid22
- Language
- EN