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Essay

Economies Of Cuba And Puerto Rico 16th - 18th Century

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Issue:

Miscellaneous

 

Written by:

Robert P

 

Date added:

February 28, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 732

 

Was viewed:

7481 times

 

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Essay content:

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 English 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...
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This occupation lead to free trade with England and the American Colonies, in turn it abolished trade tax. Vendors from England arrived offering Cuba consumer goods and industrial items. The ports were open to maritime traffic, which increased markets and increased demands. The new markets also increased prices and stimulated sugar and tobacco production in the absence of Spain...
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