What do you understand by colonialism? How did industrilisation
give birth to colonialism ?
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The definition of colonialism is the act of one nation controlling another for economic gain. An example of colonialism was England's control over India. ... The colonial domination policy pursued by the powers of Europe, from the second half of the XIX century to the years following World War II. A colonial system.
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the policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.
Industrialization led to colonism in following ways:-
The early days of the industrial revolution produced unparalleled levels of wealth for England, France, the US, etc., and all needed colonies to offload their products in. They couldn’t trade with their European rivals, all of whom put up tariffs and other barriers to protect domestic industries. And none had figured out the concept of ‘discretionary income’, which would have created consumers out of workers.
The early days of the industrial revolution produced unparalleled levels of wealth for England, France, the US, etc., and all needed colonies to offload their products in. They couldn’t trade with their European rivals, all of whom put up tariffs and other barriers to protect domestic industries. And none had figured out the concept of ‘discretionary income’, which would have created consumers out of workers.The industrial revolution also lead to increased demand for raw materials and energy, especially after the discovery of oil in the US in 1854. It was far easier to conquer countries in Asia or Africa than pay higher prices for oil from the US or coal from countries whose production was beginning to fall (England’s ‘peak coal’ moment happened not long after WWI began).
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