History, asked by MrNick, 1 year ago

Economic imperialism started in Europe

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Answered by parigupta489gmailcom
5

1) In 18th century the industrial revolution began in England.
2) England was followed by the other European nations.
3) The industrial upheaval gave rise to capitalism.
4) The European nations became financially prosperous due to the business companies.
The foundation of European capitalist economic system was laid down. The capitalist expansion moulded a new variety of imperialism called as economic imperialism
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