Indian currency predating the rupee
Between 19, Barbados's rate of population growth was diminished by one-third because of emigration to Britain.The settlement was established as a proprietary colony and funded by Sir William Courten, a City of London merchant who acquired the title to Barbados and several other islands.
In the very early years (1620–1640s) the majority of the labour was provided by European indentured servants, mainly English, Irish and Scottish, with enslaved Africans and enslaved Amerindian providing little of the workforce.Cultivation of tobacco, cotton, ginger and indigo was thus handled primarily by European indentured labour until the start of the sugar cane industry in the 1640s and the growing reliance and importation of enslaved Africans.Persecuted persons of Jewish faith during the inquisition also settled to Barbados.As a wealthy sugar colony, it became an English centre of the African slave trade until that trade was outlawed in 1807, with final emancipation of slaves in Barbados occurring over a period of years from 1833.On 30 November 1966, Barbados became an independent state and Commonwealth realm with the British monarch (currently Queen Elizabeth II) as hereditary head of state. Despite being classified as an Atlantic island, Barbados is considered to be a part of the Caribbean, where it is ranked as a leading tourist destination.
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An English ship, the Olive Blossom, arrived in Barbados in 1625; its men took possession of it in the name of King James I.