In the 1500’s, Spain systematically conquered parts of North, Central and South America as well as the Caribbean. <span>The encomienda system was put in place in several areas, most importantly in Peru. Under the encomienda system, prominent Spaniards were entrusted with native communities.</span>
After WWI and during the Great Depression the US tried to be an Isolationist nation. They put out tariffs so people would buy US (forgetting that the rest of the world was still devastated by WWI (economies included)).