WORLD HISTORY

Detailed explanation-1: -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-2: -Mercantilist governments manipulate a nation’s economy to create favorable trade balances. Imperialism uses a combination of military force and mass immigration to foist mercantilism on less-developed regions. Military campaigns forced inhabitants to follow the dominant countries’ laws.

Detailed explanation-3: -An example of imperialism is the British expansion into India. By building colonies there, the British gained access to Indian spices and textiles for their own economic growth.

Detailed explanation-4: -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-5: -To establish control of an area, Europeans used different techniques. Over time, four forms of colonial control emerged: colony, protec-torate, sphere of influence, and economic imperialism.