French colonization of the Americas From 1851 to 1951 it was the site of a notorious penal colony, Devil's Island ("Île du Diable"). Since 1946, French Guiana has been an overseas department of France. French colonization of the Americas The French colonization of the Americas began in the 16th century, and continued on into the following centuries as France established a colonial empire in the Western Hemisphere. France founded colonies in much of eastern North America, on a number of Caribbean islands, and in South America. Most colonies were developed to export products such as fish, rice sugar, and furs. As they colonized the New
Global silver trade from the 16th to 18th centuries and countries, such as the Dutch and Portuguese served as a middle man between the two countries. In the famed "The Wealth of Nations," Adam Smith noted the sheer force and great reach of the global silver trade. He was impressed by its market value but more intrigued with the way this single item of commerce brought together new and old worlds i.e. the Americas and China. Although China acted as the cog running the wheel of global trade, Japan's huge contribution of silver exports to China were critical to the world economy and China's liquidity and success with the