Merchants from Venice and Italy competed with the Byzantine Empire in trading with Asia, which led them to highly successful business endeavors that were detrimental for Byzantine Empire's economy.
The company attracted settlers to the New World to establish prosperous colonies.
In agreement with the Declaration of the Human Rights, drafted at the very beginning of the French Revolution, slavery was abolished in the French colonies overseas. For some strange reason Napoleon Bonaparte revoked that decree in 1802 during the Consulate, which resulted in the slave revolt of Haiti and ensuing independence in 1803.
The Monroe Doctrine forbidden the European powers from colonizing in the additional lands in the Americas.
