Imperialism is when a mother country takes over a smaller nation or colony for political, social, and/or economic reasons. Imperialism has been a major force in shaping the modern world. The effects of Imperialism have been interpreted from a variety of viewpoints. Imperialism could have possibly played a role in industrialization because some of the causes of imperialism was: * search for new markets for European manufactured goods: overproduction and * under consumption ! new markets, new consumers
* search for raw materials for European industry: oil, cotton, rubber, tin, copper, * gold
* search for cheap and profitable labor, e.g. Indian laborers growing cotton and * opium
* search for cheap and profitable land
* search for goods demanded by a mass consumption market: coffee, chocolate, * tea, bananas, oranges
A lot of conflicts of power occur with imperialism. Money takes a great toll into imperialism so the faster money is being able to be made the better. The industrial revolution was an easier more efficient way to make more money, faster. Global revolution was brought on by imperialism, and this lead to the industrial revolution. The English were the first and for many decades the only people in the world to experience the material benefits and social costs of industrialization. By the 1760s, new mechanical devices were transforming the textile industry, and by the early 1800s, machines driven by steam engines were producing not just textiles but also a wide variety of other industrial goods. England's early industrial lead had multiple causes: an abundant labor supply, strong domestic and overseas markets, plentiful capital, a sound banking system, good transportation, rich coal deposits, a stable government, a favorable business climate, and, finally, a series of remarkable inventions that first transformed the textile industry and subsequently, a host of' others.
Please join StudyMode to read the full document