WORLD HISTORY

Detailed explanation-1: -Mercantilism was a form of economic nationalism that sought to increase the prosperity and power of a nation through restrictive trade practices.

Detailed explanation-2: -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-3: -The three main motivators of European imperialism were economic growth, rivalry between nations, and moral superiority.

Detailed explanation-4: -During this time, many European countries expanded their empires by aggressively establishing colonies in Africa so that they could exploit and export Africa’s resources. Raw materials like rubber, timber, diamonds, and gold were found in Africa. Europeans also wanted to protect trade routes.

Detailed explanation-5: -Europeans wanted colonies to secure sources of raw materials, especially cotton, copper, iron, and rubber, that were used to fuel their growing industrial economies.