Economies of Cuba and Puerto Rico 16th - 18th Century

The economies of Cuba and Puerto Rico are very similar during the 16th, 17th, and 18th centuries. As Spain colonized these two islands in the 16th century at a lower place the idea that gold was abundant. Thus in turn the islands became a safe port for Spain and her vessels. It also set pop to be a huge migration from the Spain to the islands, because everyone was set to search for gold. . This turned out to be short lived as the excavation of gold make in 1517 till 1819. By Spain using Cuba and Puerto Rico for mining gold they needed slave laborers as the local Indians. The Indians curtly became unsatisfied with their new conditions of living, they became hostile and many non competent to cope with being slaves committed suicide and genocide. By 1540 ? 1550 atomic number 47 was discovered in Mexico and Peru. As Spain found its new descent of income in Mexico and Peru, it left Cuba and Puerto Rico to literally fend for themselves. By the 1590s their economy began to prosper by cattle breeding and estate as this go past to new jobs on the islands. This new silent and uneven growth led supplies to be more expensive. By the 17th century the cabildos began to govern migration, basically they stopped migration. The Spanish government implemented regulation and restrictions, which in demand change magnitude prices and taxes.

As a result, many began to use the black grocery in order to purchase contraband. At this time floriculture also developed and farming expanded with sugar, coffee and tobacco plant crops. These new crops also served to encourage new settlements. No longer a remote military outpost, food shortages and inflated prices worsened. Supplies did not increase and money was not sent from Spain. The cost of goods did not decline but contraband increased. In the 18th Century, the position occupy Cuba in 1762 for 10 months, as it helped Cuba to see that they could be with better leadership and if they get the attention they needed. This occupation lead to free trade with England and the American Colonies,... If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper