GK
WORLD HISTORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rising economic powers, the need for and desire to control raw materials and markets led to the acceleration of colonialism and:
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Imperialism
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Capitalism
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Socialism
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Naitonalism
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Explanation:
Detailed explanation-1: -Because the Industrial Revolution increased the production capacity of Western states astronomically, there was an enormous hunger for raw materials to satisfy demands. Thus, the Western powers sought colonies where raw materials were abundant and where they could be appropriated at little to no cost.
Detailed explanation-2: -The consequences of economic imperialism on West Africa have included exploitative resource extraction, proxy and resource influenced civil wars, illegal trade in natural resources, mass poverty, and external migration of skilled workers necessary for national development.
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