WORLD HISTORY

COLONIALISM AND IMPERIALISM

IMPERIALISM IN ASIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What do states engaging in economic imperialism hope to accomplish?
A
Replenishing the natural resources of smaller countries
B
Conquering smaller countries and governing those countries as their own
C
Developing mutually beneficial trade agreements with smaller countries
D
Opening new markets by forcing weaker countries to buy their goods
Explanation: 

Detailed explanation-1: -What did imperialist countries hope to gain by using economic imperialism? They sought raw materials and new markets to sell manufactured goods, but they didn’t want to colonize countries or territories.

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: -Imperialist ambitions pushed for the economic exploitation of colonized nations to benefit the mother country. As imperial states began controlling the economy of the colonized territory, interests for the welfare of the colonized peoples had little influence in defining their economic policies.

Detailed explanation-4: -Imperialism occurs when a stronger nation takes over or dominates a weaker nation or region. Larger, more powerful nations used political, economic, or military force to do this. The period between the 18th and 20th centuries in European history is known as the Age of Imperialism.

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