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Economic Characteristics of the Age of Royal Absolutism

During the era known as the Age of Royal Absolutism, many European countries began to look more outside of the realm of their own country. They turned to imperialism in order to gain wealth and power. England, the Dutch Netherlands, France, and Spain competed in North America, Africa, India, and many other areas for supremacy. At times, desire for overseas possession and commerce became so extreme that struggles and disagreements arose between the separate parties. England's journey into imperialism began on a rough note. Three attempted settlements at Roanoke Island in North America failed due to starvation and disease. In 1607 the British established the first permanent English colony at Jamestown. Within months of their arrival, more than one half of the colonists had died from these same factors; however, the growing of tobacco began to give the colony prosperity. Virginia became England's first crown colony in 1624, so the king assigned a governor and council to the area. The tobacco industry, which was still growing, caused a need of slavery. This need for slavery is a very important aspect in this battle for overseas commerce. It led to colonization in a totally different area of the world.


In 1652 they founded the colony of Cape Town and began talks with the Ashanti tribe. In 1626 the French settled on the mouth of the Senegal River, and several years later they founded a colony on the island of Madagascar. The state of the economy during the Age of Royal Absolutism was linked directly to the status of a country's overseas activity. Another example is when war erupted in England, ending with Newfoundland changing hands from France to Britain. This deal, however, caused a chain of events that would change the face of slave trade in Africa. Also, the Dutch, the British, and the French fought and argued over possession of the Cape of Good Hope in Africa. Spain mainly settled in North America. While England proved to be very successful in their overseas adventures, they were not the only country to have success. When the Dutch refused, the Fanti wanted to get even. " England controlled the trade for approximately fifteen years. Obviously, this caused strained relations between the Dutch Netherlands and the other two countries. They struck a deal with the Ashanti, which placed Ashanti tribe members in the hands of the Dutch as slaves. Thomas Smythe, the governor of an English colony set up in the East Indies, was given complete control of any trade in the area when Queen Elizabeth issued the "Governor Company of Merchants of London Trading into the East Indies. Another colony was founded when Colbert, French's First Minister, sent troops to the Mississippi River to claim Louisiana for the king.

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