HISTORY
IMPERIALISM ASIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Imperial states exert economic control over weaker states to exploit their natural resources.
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Powerful countries donate money to weaker countries in order to strengthen diplomatic relations
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Strong nations form coalitions with smaller countries in order to create alliances against their enemies.
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Large countries send troops to smaller countries in order to establish colonies.
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Detailed explanation-1: -Meaning of economic imperialism in English a situation in which one country has a lot of economic power or influence over others: Many rants on economic imperialism have come from those who distrust the capitalist system.
Detailed explanation-2: -How did economic imperialism work? To gain additional loans and foreign investment, poorer and weaker nations were often required to allow foreign powers significant decision-making power over their economies. Foreign governments and banks often controlled tax policy, import and export policies, and budget priorities.
Detailed explanation-3: -Imperialism is the state policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other territories and peoples.
Detailed explanation-4: -ECONOMIC motives included the desire to make money, to expand and control foreign trade, to create new markets for products, to acquire raw materials and cheap labor, to compete for investments and resources, and to export industrial technology and transportation methods.
Detailed explanation-5: -Examples of formal economic imperialism include the British colonization of India and the establishment of British trading posts in China during the 19th century.