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In 1763, Spain traded Florida to the Kingdom of Great Britain for control of Havana, Cuba, which had been captured by the British during the Seven Years' War.
It was part of a large expansion of British territory following their victory in the Seven Years' War.
In order to induce settlers to move to Florida, reports of its natural wealth were published in England.
A large number of British settlers who were described as being "energetic and of good character" moved to Florida, mostly coming from South Carolina, Georgia and England.
In 1559, Don Tristán de Luna y Arellano established a settlement at present-day Pensacola, making it the first attempted settlement in Florida, but it was mostly abandoned by 1561. Augustine (San Agustín) was established under the leadership of admiral and governor Pedro Menéndez de Avilés, creating what would become one of the oldest, continuously-occupied European settlements in the continental U. and establishing the first generation of Floridanos and the Government of Florida.Today, Florida is distinctive for its large Cuban expatriate community and high population growth, as well as for its increasing environmental issues.The state's economy relies mainly on tourism, agriculture, and transportation, which developed in the late 19th century.As a result of these initiatives northeastern Florida prospered economically in a way it never did under Spanish administration.