Lives of indigenous people were changed immensely during European Imperialism as hundreds of nations were exploited during the time period between 1830 and 1930. “By the early 20th century, Britain, France, Germany, Italy, Belgium, the Netherlands, Denmark, Spain, and Portugal together held sway over almost 84 percent of the earth’s surface.” Colonies developed in these foreign societies benefited the European empire economically in many forms. Henceforth, imperialism was primarily an economic rationale for the empire, which supplied the home country with essential raw materials, a cheap labour force, and a new market for goods in an era of increasing global trade. The economic advantages of imperialism eventually moved to a belief in white supremacy, while Europe still grew economically, talk of a “civilizing mission” continued and Europeans declared the duty of transforming colonies into Europeans. All together imperialism was principally economic and the racial superiority supported Europe economically, allowing it to exploit nations because of an ethnocentric ideology.
Raw materials were one of the reasons for the expansion of the European empire. These goods such as oil and rubber had a massive economic advantage for Europe because it supplied them with materials that were not found in the motherland, which then could be produced into a finished product. For example, rubber was used to create tires, hoses, tubes, and etc., all commodities that were becoming popular in Europe. As imperialism grew among European country’s importation of raw materials increased and innovations on how to use them flourished. “ British Museum represented all that was superior about English civilization and culture.” Colonies such as India sh...
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... art could always be done better. The railroad demonstrates how Europe guided Africa and Asia to progress and soon develop into a civilized nation. Overall the civilization of colonies benefited European empire economically because it obtained raw materials with cheap labour to take them.
In conclusion, Imperialism was a large economic factor for European empires benefiting with new raw materials, not found in Europe. Imperialism also created a cheap labour force for Europe. This benefited Europe economically because it allowed business to make more profit and force indigenous people to work backbreaking hours. New markets for goods also benefited Europe because it allowed merchants of Europe to become rich and trade basic necessities in Europe to new groups of people. Overall Imperialism was extremely economical and helped the empire maintain power over the world.
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