The year 1700 refers to the specific time period during the late 17th century and early 18th century.
Industrial Revolution: A period of significant economic and technological changes that occurred between the late 18th and early 19th centuries, bringing about advancements in manufacturing and transportation.
Mercantilism: An economic theory prevalent during the 16th to 18th centuries, emphasizing government control of trade for national power and wealth accumulation.
Colonialism: The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting its resources for economic gain.
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