Answer:
Losing of territories
Explanation:
The Spanish lost Florida and this weakened the economy so much that they lost their foothold in Mexico and Latin America also, which greatly impacted their economy. After losing their foothold in the West, Spain faded out of the world spotlight as a superpower.
They were called "ragtime"
Europeans couldn't control the Africans because the kingdoms that existed there were strong and rich from trade.
<h3>What is trade?</h3>
- Transferring products and services from one person or institution to another includes trade, frequently in exchange for cash.
- A system or network that permits trading is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
<h3>What is economics?</h3>
- The study of economics that examines how products and services are produced, distributed, and consumed.
- Economics is the study of how economies function and the activities and interactions of economic agents.
- Microeconomics is a branch of economics that studies individual actors and markets, as well as how they interact and what happens as a result of those interactions.
Learn more about trade here:
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