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People: John Churchill, 1st Duke of Marlborough

Landholders in El Salvador exercise nearly absolute …

Years: 1540 - 1683
Landholders in El Salvador exercise nearly absolute power within their fiefdoms, but  they do not begin to realize the full economic potential of their holdings until they institute the system of widespread cultivation of a single lucrative export commodity.

The first of these commodities is cacao, which flourishes during the latter half of the sixteenth century.

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