New economic imperialism essay

Summary[ edit ] In his Prefaces, Lenin states that the First World War — was "an annexationist, predatory, plunderous war" [2] among empireswhose historical and economic background must be studied "to understand and appraise modern war and modern politics". In turn, such financial behaviour leads to the division of the world among monopolist business companies and the great powers.

New economic imperialism essay

Search Contributed to the growth of Imperialism 1. Choose any one reason from the list and explain how it contributed to the growth of Imperialism.

The economic needs of European countries contributed to the growth of Imperialism in the second half of the 19th Century. The power of Industrialization increased the need for raw materials rubber, diamonds, palm oil Foreign territories were viewed as markets where merchandise produced in Europe could be sold.

In addition, foreign countries offered vital items, which were not accessible in Europe. Thus, the growth of Imperialism in the second half of the 19th century helped Europe maintain an industrialized economy.

A Russian communist, Lenin, assumed that the rapid growth of Imperialism was wholly caused by the economic needs of a capitalist society. A growing capitalism population required foreign lands for financial savings and to avoid its collapse.

New economic imperialism essay

Overall, imperial expansion in Lenin's eyes was not a strategy, but inevitability. Without plentiful raw materials and new markets from increased Imperialism capitalism would have failed, resulting in a workers' revolution.

In general, based from the above facts, the economic reasons of Europe's capitalist community contributed to the growth of Imperialism.

China in the second-half of the 19th Century further verified Lenin's ideas, in regards to economic factors being the sole cause for the growth of Imperialism.

The key cause of 'The MaCartney Mission' was to negotiate a commercial treaty with China to extend trade throughout the nation. In October, Lord Macartney submitted specific requests to construct a warehouse in Peking for traders selling manufactured goods.

He also asked for additional trading ports in Ningpo and Tientsin. Moreover, the Opium Wars caused China to sign a series of agreements with Britain, under the threat of force.

Regents Prep: Global History: Imperialism: Introduction

Incorporated in the treaties was the abolishment of the Canton System; hence China was required to trade with the Europeans on an equal basis. Overall, the European requests all had subtle links to trade. The 'China occurrences' verified Europe's need for raw materials and new markets in the second half of the 19th Century.

These needs forced them to widen their empire. India was recognized as a 'jewel in the crown of England' primarily because India helped Britain maintain an industrialized economy.

India provided a cheap source of labour following the abolition of slavery. For example, in 53, Indians were sent overseas as indentured labour. Britain's interest in India rapidly increased after the Industrial Revolution.

The Industrial revolution created a demand for raw materials and new markets. Raw materials like rubber from Congo, diamonds from South Africa, cotton from India and Persian oil were exceedingly valuable to European businessmen. Without abundant raw materials, Europe's industrialized economy would almost certainly weaken, sooner or later.

These valuable 'necessities' contributed to the growth of Imperialism in India and other resourceful countries. In conclusion, the economic requirements of European countries helped catalyze imperial expansion in the second half of the 19th Century.

The stable supply of raw materials and new markets, through increased overseas expansion in the second half of the 19th century, helped sustain capitalism and avoid a workers' revolution.

Moreover, Europe's Industrialization caused a higher demand for abundant raw materials, which were not available in their home country. They also required new markets to sell their industrialized goods.

Choose one area, in which there was imperialist expansion i. China, India, Africa and explain why the above reasons may have been important for causing imperial expansion in this area. There were numerous interlinked reasons for imperial expansion in China.

The power supplied by The Industrial Revolution and the Western idea of 'progress through change' were Britain's motives for colonizing China.The economic effects are that various European and American powers became immensely wealthy and became even more powerful; the British drained and exploited all the wealth and riches of China for more than a few centuries alone—essentially enslavement.

The economic motivations that propelled the United States to expand westward and those that drove the U.S. imperialism were, for the most part, alike. During western expansion, the settlers were motivated by opportunities for trade.

Essay Topics: Imperialism

Hence, the ‘new imperialism’ was the ‘natural by-product of an international economy based on the rivalry of several competing industrial economics, intensified by the economic pressures of the s.’. Imperialism is the act of imposing command or rule through an empire over foreign countries for political and economic benefits.

Imperialism occurs when a weaker nation or . New imperialism essay - begin working on your assignment right now with excellent guidance presented by the company commit your coursework to experienced writers working in the company experienced scholars, quality services, instant delivery and other benefits can be found in our academy writing help.

We will write a custom essay sample on Imperialism Powerpoint specifically for you for only $ $/page. points out the social and economic impact of imperialism on India.

One result of the new order was a steady rise in the value of India’s export trade.

Essay on World History. Research Paper on Imperialism