The world superpowers that came before it were most notably colonial empires, with the France Britain and the Netherlands all extracting a vast majority of their wealth from foreign colonies that they used to mine natural resources or grow tea and spices to bring back home. Incidentally the united states was once one of these colonies, but it had a bit of a rebellious streak and claimed independence to go an to become a majorly powerful nation in its own right.
The nation was born with the memories of empire and what it meant to be a colony, so it ultimately walked a different path to prosperity.
In this video, part two of a serious on the economy of the united states we will look at america’s take on its own global empire.
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