No. Water power did, Europe has an absurd number of suitable streams for grain mills allowing less the creation of extensive trade, merchant, and scholar classes. Which led to technological superiority which led to the capacity to roll over other nations (and the presumption that it was the right thing to do). Without that pre-existing wealth all that colonising would not have been possible.
It was definitely the slavery
If it was slavery then why didn’t Africa develop that quickly? They’re the ones who sold the slaves!
Because they weren’t the ones working the slaves to death in Caribbean plantations. Have you read any history?
Also there were plenty of indigenous slaves taken, whole generations worked to death in mines to send silver back to europe
