What was the nature of the eighteenth century reforms in Portuguese and Spanish colonies?
The large colonies of Portugal and Spain provided an important place in the expanding world economy. By the eighteenth century, weakened internal situations allowed European rivals to benefit directly from Iberian colonial trade. Portugal and Spain had transferred their cultures to the Americas, recreating there a version of Iberian life modified by local influence. Surviving Indian populations adapted to the colonial situation and a distinctive multiethnic and multiracial society emerged that mixed the cultures of all participants. Where slavery prevailed, African cultures played a major role. Latin American civilization was distinct from the West, but related to it. In world markets, Latin American products remained in demand, maintaining a society with its economic life dependent on outside factors.