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Define Colonialism
(Western) Colonialism:
A political-economic phenomenon whereby various European nations explored, conquered, settled, and exploited large areas of the world.

The purposes of colonialism included economic exploitation of the colony's natural resources, creation of new markets for the colonizer, and extension of the colonizer's way of life beyond its national borders.

In the years 1500 – 1900 Europe colonized all of North and South America and Australia, most of Africa, and much of Asia by sending settlers to populate the land or by taking control of governments. The first colonies were established in the Western Hemisphere by the Spanish and Portuguese in the 15th – 16th centuries. The Dutch colonized Indonesia …show more content…

Colonialism often took place in pre-populated areas. This gave rise to culturally and ethnically mixed populations such as the mestizos of the Americas, as well as racially divided populations as found in French Algeria or Southern Rhodesia.

Modern colonialism started with the Age of Discovery. Portugal and Spain discovered new lands across the oceans and built trading posts. For some people, it is this building of colonies across oceans that differentiates colonialism from other types of expansionism. These new lands were divided between the Portuguese Empire and Spanish Empire, first by the papal bull Inter caetera and then by the Treaty of Tordesillas and the Treaty of Zaragoza (1529). This period is also associated with the Commercial Revolution. The late Middle Ages saw reforms in accountancy and banking in Italy and the eastern Mediterranean. These ideas were adopted and adapted in Western Europe to the high risks and rewards associated with colonial ventures. The 17th century saw the creation of the French Colonial Empire and the Dutch Empire, as well as the English Colonial Empire, which later became the British Empire. It also saw the establishment of some Swedish overseas colonies and a Danish colonial empire. The spread of colonial empires was reduced in the late 18th and early

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