Industrialization precipitated the rise of New Imperialism. Since industrialization
improved production in American and European economies, countries began implementing
protectionist policies to guard infant businesses against competition from foreign firms.
Britain's economy was under threat because it relied on international trade. Its goods were
heavily taxed in foreign markets, and most English businesses were losing money from rising
costs. As a result, Britain was losing its dominance in world trade and needed a new solution to
regain its power. John Ruskin, a British professor, was one of the first people to propose
imperialism and the acquisition of colonies as the new role for Britain. Benjamin Disraeli
shared Ruskin's sentiments and believed that Britain could solidify its superiority on the
international stage through acquiring colonies.
The term "New
Imperialism" refers to colonization in the late 19th and early 20th centuries. Most
notably, this involved large-scale...
No comments:
Post a Comment