WORLD HISTORY

COLONIALISM AND IMPERIALISM

COLONIALISM AND ITS ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An area in which an outside power says it has special rights to trade
A
colony
B
protectorate
C
sphere of influence
D
economic imperialism
Explanation: 

Detailed explanation-1: -A sphere of influence is when an outside power claims rights and privileges over an area or region. It is usually for trading and investment, but sometimes for military purposes as well. This often occurred in lands that bordered an already existing colony. Spheres of influence were most often established by a treaty.

Detailed explanation-2: -In the Anglo-Russian Convention of 1907, Britain and Russia divided Persia (Iran) into spheres of influence, with the Russians gaining recognition for influence over most of northern Iran, and Britain establishing a zone in the Southeast.

Detailed explanation-3: -A sphere of influence is an area in which an individual or organization can exert power or control. For example, a company’s sphere of influence may include its employees, customers, shareholders, and the general public.

Detailed explanation-4: -The eight nations’ spheres in Qing China were designated primarily for trade purposes. Great Britain, France, the Austro-Hungarian Empire, Germany, Italy, Russia, the United States, and Japan each had exclusive special trading rights, including low tariffs and free trade, within Chinese territory.

Detailed explanation-5: -A sphere of influence is a diplomatic term used to describe the region over which an external group has power or authority in a foreign territory.

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