Economic Imperialism

Topics: Industrial Revolution, Colonialism, Europe Pages: 2 (413 words) Published: August 12, 2014

Economic Imperialism

Economic motivation was a key factor behind the nineteenth century imperialism. Imperialism had many factors, including The Industrial Revolutions of the 19th century. The Industrial Revolution created new industries and new markets, as well as great need for the importing and exporting of goods. Investors and political leaders that were hungry for creating and enlarging their empire were also influential to the imperialism of the 1900’s. New industries that were created during the rise and success of the Industrial revolution needed a vast supply of materials and goods that were not produced in Europe. This demand for goods increased the necessity for trade, which ultimately motivated imperialism. The European nations sought to discover new trade routes to other states and countries to buy and sell goods. Europe had modernized their military, and created a strong and powerful Navy. Thy used military force and intimidation to obtain new areas to trade. Europe obtained many Spheres of influence, most dominant in China and East Asia. Other nations were heavily influenced by the European trading and began their quest for importing and exporting goods. Europe had the most territory and control during the 1900's and an expanding empire.

The expansion of markets and manufacturing, as well as the modernization of the other nations provided Europe with competition. The introduction of the steam engine, and the railroad were beneficial to Imperialism. These new inventions made it easier to transport goods and to communicate with nations that were far away. The desire to build empires was a prominent factor in Imperialism. Motivated by the search for profit and propelled by competition The Scramble for Africa (1884-1912) began, a competition to acquire African colonies. Belgium, Britain, France, Germany, Italy, Portugal, and Spain all acquired territory. Most of Africa fell under France or British rule. Imperialism was not solely about...
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