That is because the Spaniards controlled the seas. They had a vast armada that controlled the seas and nobody could go to the new world. When the Brits took over and beat the armada, they started developing the trade and colonies more and establish their own mercantile policies. <span />
His first task was to combat the worst recession since the Great Depression. Regan promised the “Reagan Revolution” focusing on reducing government spending, taxes, and regulation
