We don't have the excerpt
The French took over due trade in the northern part of America (now Canada ).the Spanish took over the western part of what is now the USA and the British took over what are now the eastern and central parts of the USA and some of the spun therm parts of what now is Canada for manufacturing and exporting raw materials back to Great Britain.
The four institutions in colonial South America that were important to their way of life were "<span>the church, slavery, farming, and government" since this was the combination most conducive to extracting raw materials and riches. </span>
Basically money to people but it could also be similar to dollars to euros