Overseas Colonies

Definition

Overseas colonies refer to territories established and governed by foreign powers across oceans. These colonies were often exploited for their resources and labor.

Related terms

Imperialism: A policy or ideology by which a nation extends its power by acquiring territory, often through colonization.

Mercantilism: An economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances; it was a primary reason for establishing overseas colonies.

Decolonization: The process of undoing colonialism, where colonized countries become independent states.