European colonization in the context of "European colonization in the Americas"

During the Age of Discovery, a large scale colonization of the Americas, involving European countries, took place primarily between the late 15th century and early 19th century. The Norse settled areas of the North Atlantic, colonizing Greenland and creating a short-term settlement near the northern tip of Newfoundland circa 1000 AD. However, due to its long duration and importance, the later colonization by Europeans, after Christopher Columbus’s voyages, is more well-known. During this time, the European colonial empires of Spain, Portugal, Great Britain, France, Russia, the Netherlands, Denmark, and Sweden began to explore and claim the Americas, its natural resources, and human capital, leading to the displacement, disestablishment, enslavement, and genocide of the Indigenous peoples in the Americas, and the establishment of several settler colonial states.

The rapid rate at which some European nations grew in wealth and power was unforeseeable in the early 15th century because it had been preoccupied with internal wars and it was slowly recovering from the loss of population caused by the Black Death. The Ottoman Empire's domination of trade routes to Asia prompted Western European monarchs to search for alternatives, resulting in the voyages of Christopher Columbus and his accidental arrival at the New World. With the signing of the Treaty of Tordesillas in 1494, Portugal and Spain agreed to divide the Earth in two, with Portugal having dominion over non-Christian lands in the world's eastern half, and Spain over those in the western half. Spanish claims essentially included all of the Americas; however, the Treaty of Tordesillas granted the eastern tip of South America to Portugal, where it established Brazil in the early 1500s, and the East Indies to Spain, where It established the Philippines. The city of Santo Domingo, in the current-day Dominican Republic, founded in 1496 by Columbus, is credited as the oldest continuously inhabited European-established settlement in the Americas.

The chiefdoms of Hispaniola (cacicazgo in Spanish) were the primary political units employed by the Taíno inhabitants of Hispaniola (Taíno: Haití, Babeque, Bohío; Ciguayo: Quisqueya) in the early historical era. At the time of European contact in 1492, the island was divided into five chiefdoms or cacicazgos, each headed by a cacique or paramount chief. Below him were lesser caciques presiding over villages or districts and nitaínos, an elite class in Taíno society. Hispaniola was also home to the Ciguayo and Macorix native peoples at the time of the European's arrival.

The Taíno of Hispaniola were an Arawak people related to the inhabitants of the other islands in the Greater Antilles. At the time of European colonization, they were at war with a rival indigenous group, the Island Caribs. In 1508, there were about 60,000 Taínos in the island of Hispaniola; by 1531 infectious disease epidemics and exploitation had resulted in a dramatic decline in population.

The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales, commodities, services, and manufacturing. West Africa, East Africa, Central Africa and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050.

In March 2013, Africa was identified as the world's poorest inhabited continent; however, the World Bank expects that most African countries will reach "middle income" status (defined as at least US$1,025 per person a year) by 2025 if current growth rates continue.There are a number of reasons for Africa's poor economy: historically, even though Africa had a number of empires trading with many parts of the world, many people lived in rural societies; in addition, European colonization and the later Cold War created political, economic and social instability.