European Expansion into the Americas: Competition
Definition
This refers to how different European powers competed with each other for control over territory and resources in North America during colonization from late 15th century onwards.
Analogy
Imagine a game of Monopoly where players are racing around trying to buy up as many properties as they can. Each player represents a different European power (Spain, England etc.), while properties represent territories in America.
Related terms
Colonialism: The policy or practice of acquiring full or partial political control over another country by settling there and exploiting it economically.
Imperialism: A policy or ideology by which a nation extends its power by acquiring territories or establishing dominance over other nations.
Mercantilism: An economic theory that trade generates wealth and is stimulated by accumulation of profitable balances.
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