Western Europe’s expansion of Atlantic trade, through exploration and colonization, not only improved their own economy, but also the economy of America, through sharing new trade products and crops as well as beginning the slave trade. Western Europe began exploring other parts of the world around the mid-1400s. They first started out with primarily explorers from Portugal and Spain. Some of these people were Christopher Columbus, Francisco
Evaluate the implications of US industrialization in the period 1919-1929 The impact of industrialization was that it changed the US society by directly impacting the US economy during the period 1919-1929. It can be argued that industrialization had both a positive and negative impact on US society. On a positive note, the nature of industrialization created the economic cycle of the 1920’s as well as built up the strength of the economy making the US the financial leader of the world. However, historians may argue that industrialization had a negative impact on the US, in that it created economic imbalances and created instability and unsustainable structures on which the US economy was based upon. During the period 1919-1929, industrialization had a positive impact on US society by improving the standard of living and working conditions for many Americans.
Britain’s strategic motives in Africa centred on thwarting the growth of rival European powers as well as securing its interests in Africa. However there was a clear symbiotic relationship between strategic and economic concerns, during the expansion period. One of the first incidents in Africa where this was made manifest was when Britain invaded Egypt in 1882. The Suez Canal was of major strategic importance as it allowed ships to access the empires ‘Jewel in the crown’ India faster, through the red sea instead on going around Africa, as well as faster transportation of Arab oil. The canal was also of economic significance as historian Simon Smith reminds us that ‘80% of the Suez traffic was British, and13% of Britain’s trade passed through the canal’ , this is due to most of Britain’s trade with India passing through the Suez.
Many aspects of the African and American economies remained unchanged by maintaining an agrarian based economy. As trade began to increase between Europe, the Americas, and Africa, many social transformations began to take place. The national monarchs that lived within Western Europe wanted to increase their power and began to look for more trade routes to increase their wealth. This rise in trading led to the growth of the middle class in Western Europe. The middle class developed because the increase of trading opened up room for specialized workers Along with the growth of the middle class bankers, capitalists, and other occupations also began to develop.
During the late 1800s and early 1900s, European imperialism radically changed the boundaries inside the continents of Africa and Asia incorporating them into their developing colonial empire. This was the same scenario for British imperialism in India. Over time, the colony and colonizer’s opinion on imperialism evolves, as both experience the downside and upside of colonialism. Britain, mother country of India, had benefitted very much from their colony and dramatically improved the quality of life in India. (doc1) (doc4) Through India, Britain was able to obtain tropical produce for their citizens.
To what extent were economic motives the most important reason for Britain obtaining influence and possessions in Africa from 1868 – 1902? There are many factors involved which allowed Britain to obtain influence and possessions in Africa during the scramble. The main factors are Strategic, The individuals in the field, humanitarian issues and properly the most important factor; economics. Economics could be described as the main reason for British interests in Africa to begin with but also remaining an important factor throughout this period. The British involvement in Africa was down to economic reasons; this is clear throughout the time period as most events which take place in Africa can be linked back to economy.
Michael Nemer November 20, 2012 History 102 European Imperialism There were two main phases during the era of European Imperialism, the rise and use of the Atlantic system in the 18th Century, jump-starting the slave trade across the Atlantic, and the "new" European Imperialism of the 19th Century, in which imperial expansion increased greatly . Although there were some differences, varying from country to country, all created both positive and negative responses and all Europeans had the same ideas and basic principles, which were to bring wealth and power back to their home nation. European Imperialism began with Mercantilist Empires in Europe to acquire gold, silver, and other foreign goods that reflected wealth onto their country. European
Much of this economic emphasis was brought about by the industrial revolution, which created large surpluses of European capital and heavy demands for raw materials. Additionally, it brought about the accumulation of capital in which England sought investment abroad. The British had also forced China to open itself to the Opium trade in the 1840's. China in the middle of a social upheaval; The Tai Ping rebellion, was unable to prevent foreign domination of its trade. By the end of the 19th century, England, Germany, Russia, Japan, and the United States had all compelled China to trade with
Louis A. Tiseo October 12, 2009 American Imperialism The interest of American Imperialism was sparked by the growing European expansion worldwide. Advancementsof trade by the western nations grew more and more prominent leaving Europeans the front runner for exporting goods. In the later part of the nineteenth century, global empires brought the need for arms, communication, transportation, and commerce. The speed and efficiency of the European expansion brought concern by Americans on the take-over and control of global imperialism. As we know it, American Imperialism was initially thought to be without conquest and had cherished values such as democracy and free-enterprise capitalism.
….,Before the Civil War, the U.S. practiced isolationism or noninvolvement in world affairs. After the Civil War, the U.S. changed it’s policy to expansionism or a belief in expanding the nation’s boundaries . The late 1800s and early 1900s were called an age of imperialism. Imperialism can be described as a nation’s policy of increasing its power by gaining political, economic, or territorial control of other areas. The U.S. became interested in overseas expansion at the end of the 1800s due to the growth of American industry.