Causes of Imperialism: Economic, Political & Ideological Factors
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The Causes of Imperialism
Key: Europe. The enormous technological development in Europe, led by the Second Industrial Revolution, imposed its economic model, its ideals, and its culture on much of the planet. Between 1873 and 1890, there was an economic crisis, which originated in an agricultural crisis. Wheat from the United States and Russia reduced domestic cereal prices and triggered a general decline in agricultural and industrial prices. Soon, a crisis of overproduction began in all sectors. Reserves of products accumulated, prices declined even more, and many industries closed.
The industrial world emerged from the crisis by greatly expanding its markets. The imposition of protectionist policies made it imperative to find markets and resources... Continue reading "Causes of Imperialism: Economic, Political & Ideological Factors" »