Unit 6.5 - Economic Imperialism

Question 1

Economic Imperialism

Answer 1

When a foreign country has great economic power or influence over another country but may not control their government

Question 2

The three main “goods” exploited

Answer 2

People, raw materials, and refined materials

Question 3

Export Economies

Answer 3

Colonies that produced goods not for domestic use but to be sent to colonial powers that were manufactured and sold for profit

Question 4

Organizations (2) that were practicing economic imperialism in Asia

Answer 4

The East (for cotton) and Dutch East India Company (for spices)

Question 5

Culture system used by the Dutch

Answer 5

Forced farmers to choose between setting aside 1/5 of their rice fields for cash crops or performing corvée labor

Question 6

Corvée Labor

Answer 6

Compulsory unpaid work,

Question 7

Why did England’s silver reserves decrease and how did they solve that in China

Answer 7

Great Britain had to buy goods like porcelain, silk, and tea for silver because China was not interested in their goods. As a result, when they got low in silver, they forced Indian colonies to grow opium which was then sold in China for silver

Question 8

How the Opium War represents a shift in the balance of power from East to West

Answer 8

Caused by the Chinese government no longer wanting to buy the addictive drug but then losing the war, this revealed how nonindustrialized nations were doomed to be overpowered by the military technology of industrialized companies.

Question 9

Effect of the Opium War

Answer 9

Treaty of Nanking

Question 10

Requirements of the Treaty of Nanking

Answer 10

Open up four more ports to foreigners, give Hong Kong to Britain, pay for damages, and allow free trade in China

Question 11

Treaty of Tientsin (Tianjin)

Answer 11

Caused by the Second Opium War since neither Britain nor China was satisfied (Brit. wanted opium legalized and Chinese had to submit to Brit.’s demands), opened more ports, allowed foreign envoys to live in Beijing, and for the freedom of movement for Christian missionaries

Question 12

Sphere of Influence

Answer 12

Exclusive trading rights in a certain area

Question 13

Who demanded a sphere of influence in China?

Answer 13

Japan, France, Germany, Russia, and the U.S.

Question 14

Open Door Policy

Answer 14

Proposed by the U.S., allowed for trade to be equally open to all countries to prevent conflict or one country totally controlling China

Question 15

Changes in African Farming as a result of European Colonization

Answer 15

Changed from raising food crops to cash crops to providing raw materials/goods for Europeans

Question 16

Why Relying on a Single Cash Crop wasn’t Good for Africans

Answer 16

They were vulenerable to periods of droughts and economic/demand declines

Question 17

Important Cash Crop in Egypt, Sudan, and Uganda

Answer 17

Cotton

Question 18

Type of Labor used to Produce many African Cash Crops

Answer 18

Slave labor

Question 19

Cash Crops in Africa

Answer 19

Palm Oil, palm kernels, peanuts, coffee, and cocoa

Question 20

What did some companies feel the moral responsibility to oppose?

Answer 20

The use of enslaved people who would be used to produce the raw materials they used

Question 21

English Chocolate Company that refused to buy from Portuguese Colonies because it was slave-grown

Answer 21

Cadbury’s

Question 22

Nations (2) heavily invested in Latin America

Answer 22

Europe and the U.S.

Question 23

Where did most of Europe’s investments in Latin America go?

Answer 23

British Companies invested as much as 10% into Argentina in addition to a focus on Mexico and Brazil to improve their breeding stock, farming, infrastructure, and building projects (railroads/telegraph systems)

Question 24

Where did mot of the U.S.’ investments in Latin America go?

Answer 24

Mexico and Cuba for their infrastructure, industries (railways, shipping, banking, and financial sectors), mining, guano, meat processing, and packing plants

Question 25

Monroe Doctrine

Answer 25

A U.S. policy that opposed European colonialism in the Americas

Question 26

What foreign investors often used in Cent. Amer. and the Caribbean to get what they wanted.

Answer 26

Their government

Question 27

Example of foreign investors using their government to get what they wanted

Answer 27

The United Fruit Company, who allied itself with large landowners in order to pressure governments to maintain favorable conditions for their company

Question 28

Banana Republics

Answer 28

A term by O. Henry for small, politically unstable Cent. Amer. countries under the economic power of foreign corporations and were economically dependent on the exportation of a limited resource product (ex. bananas or minerals)

Question 29

Example of Economic Imperialism in Hawaii

Answer 29

A group of American businesses and sugar planters overthrew the Hawaiian constitutional monarchy, hoping Hawaii would be annexed by the U.S.

Question 30

What set the stage for economic imperialism?

Answer 30

The Industrial Rev. developed the demand for raw materials and the ability to control other territories because of technology like steamships, railroads, and military weapons.