Empire and Emergence Of World Powers

Question 1

What are the economic motives for imperialism? (3)

Answer 1

• demand for raw materials
• demand for new markets
• demand for new investment sites

Question 2

What are the economic motives for imperialism?

Question 3

Explain the demand of raw material as a economic motive for imperialism

Answer 3

• Europe was industrialized
• no country would sell its raw material
• it didn’t have some raw material e.g cotton and rubber
• Africa and Asia had these raw materials

E.g
Zambia - copper
Malaysia - tin
Mozambique and India - cotton
Congo- rubber

This was all done to have economic advantage hence they securely guarded their territories to exploit

Question 4

Explain the demand of markets to sell as a economic motive for imperialism

Answer 4

• due to industrialization everyone was producing
• country like Britain could no longer sell to other countries
• need for new markets as Europe was flooded with goods
• Africa and Asia were perfect
• hence there was a scramble as there was now competition e.g from Britain, Germany , France and USA

Question 5

When did the “ long depression occur and explain what occurred

Answer 5

• it took place from 1873-1896
• due to flooded markets business men were forced to lower their prices for their goods
• this led to lowering of wages and loss of jobs
• government were under pressure to save their economy hence promoted imperials

Question 6

Explain the demand of new investment sites as a economic motive for imperialism

Answer 6

• Capitalist had their money from the Industrial Revolution
• Europe was now flooded, the market was saturated
• the market was not stable as it was susceptible to global economic shocks
• e.g the “ long depression “
• hence they wanted stable and safe investment areas like Africa and Asia

Question 7

What were the facto4s of the European economy before 1870 ? (5)

Answer 7

• the Industrial Revolution
• overseas trade
• unequal trade
• slave trade
• emergence of capitalism from mercantilism