Dbq New Imperialism

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With the Industrial Revolution in full swing, Europe was looking to bolster their trade markets abroad. Thinking of it this way: in order to sell more goods, you need more places to sell them. So, with this thinking in mind, the Europeans said to themselves, 'What better place than Africa and Asia?' Along the same lines, colonies on these continents were seen as great places to get cheap, raw materials for Europe's factories. Add to this that Europe needed a place to house and employ their surplus population, and you can see why New Imperialism held the promise of economic growth. President William Taft, elected in 1908, believed in using American economic power to expand U.S. influence. Taft encouraged American banks and investors to put

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