Who In America would benefit from new markets and why?
Answers
Answer:
New markets implied more money, hence more profits. Due to industrialization, America was manufacturing more than it was able to consume. Instead of letting the surplus to get wasted, the US felt it was wiser to invest and expand their market.
Answer:Jobs, expansion of America would benefit from new markets
EXPLANATION:
American Imperialism began at the time of the Spanish-American war in 1790s. America was motivated because of economic reasons. At that time, the US was steadily attaining industrial power, implying they were attempting to find new markets to sell their merchandises.
New markets implied more money, hence more profits. Due to industrialization, America was manufacturing more than it was able to consume. Instead of letting the surplus to get wasted, the US felt it was wiser to invest and expand their market.
Owing to this, they had the capacity to produce more than the domestic market was able to buy. This resulted in to push for new markets, that is, expansion. Also jobs increased since new markets can lead to demand for workers and creation of new workforces