HISTORY
IMPERIALISM ASIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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enforce strict laws that weaken rival countries’ economies
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assert that their economic systems are superior to all other economic systems
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exploit natural resources and control trade in weaker countries
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encourage equal trading of manufactured goods among countries
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Detailed explanation-1: -What was economic imperialism? A situation in which foreign business interests have great economic power or influence, developed as a business took advantage of natural resources beyond their borders. People, raw materials, and refined materials were the main resources exploited.
Detailed explanation-2: -The goal of economic imperialism: Create a trade flow that benefited the economy of the United States or a European power by ensuring that cheap resources were available and markets were available to sell manufactured goods.
Detailed explanation-3: -Imperialism. Imperialism occurs when a strong nation takes over a weaker nation or region and dominates its economic, political, or cultural life. This type of foreign policy was practiced by European nations and Japan throughout the 1800s and early 1900s.
Detailed explanation-4: -Imperialism led to the exploitation of natural resources of the colonies. The colonies were used as the suppliers of raw materials and markets for finished products. The colonies plunged into poverty and unemployment due to the disappearance of indigenous industries.