European colonialism

Definition

European colonialism refers to the practice of European nations establishing and maintaining colonies in other parts of the world, including America. It involved the economic exploitation and political control of these territories by the colonizing power.

Related terms

Imperialism: Imperialism refers to a broader concept of extending a nation's power and influence through colonization or military force.

Mercantilism: Mercantilism is an economic policy that aimed at accumulating wealth through favorable trade balances and the establishment of colonies.

Triangular Trade: Triangular Trade was a system where goods were exchanged between Europe, Africa, and the Americas, primarily involving slaves, raw materials, and manufactured goods.