Question

How were European economic systems in the American colonies in the 1500s and 1600s different from existing economic systems in Europe

Answer 1

European economic system in the American colonies was different from existing economic systems in Europe because Spanish colonists used enslaved Africans to work on plantations.

What is an eonomic system?

It should be noted that an economic system simply means a system of production, allocation, and distribution of goods.

In this case, European economic systems in the American colonies was different from existing economic systems in Europe because Spanish colonists used enslaved Africans to work on plantations.

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