what is meant by the so-called ‘New World’ (USA and West Indies).

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The term "New World" refers to the regions of the Americas, particularly North and South America, as well as the West Indies, that were discovered by European explorers during the Age of Discovery in the late 15th and early 16th centuries. This term was used to distinguish these newly discovered continents and islands from the "Old World" of Europe, Asia, and Africa. The New World eventually became the focus of colonization and settlement by European powers, particularly Spain, Portugal, England, and France. Today, the term is often used to refer specifically to the United States and the Caribbean islands in the West Indies.
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