Barbados Flag
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Brief History. Barbados, which was previously uninhabited, was first settled by the British in 1627. It's economy was based on slave labor on the sugar plantations established on the island until 1834 when slavery was abolished. Through the most of the 20th century, its economy remained heavily dependent on sugar, rum, and molasses production. The gradual introduction of social and political reforms in the 1940s and 1950s led to complete independence from the UK in 1966. Tourism and manufacturing surpassed the sugar industry in economic importance in the 1990s.
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