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Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.
The growth of industry in Europe created an increased need for natural resources, such as rubber and petroleum. Manufacturing nations also required new markets in which to sell their manufactured goodsCompetition among European nations for large empires was the result of nationalism, or devotion to one's nation.Advances in military technology produced European armies and navies that were far superior to those in Africa and Asia.Humanitarian and religious goals spurred on imperialists
Push.....scarcity and saturation Pull.....huge natural resources and fair markets.
PCC Natural Markets was created in 1953.
the discovery of valuable natural resources by the portugese explorers
Several European nations adopted imperialist policies during the 1800s as the demand for manufactured goods and raw materials increased. Imperialism is the process by which a country increases its power and influence by conquering new territory and imposing its rule over opposing social structures. In the 1800s, European nations like Britain, France, and Germany engaged in imperialism to gain access to resources and markets in other parts of the world. The exploitation of natural resources, colonization of other countries, and suppression of local economies and cultures were frequently involved in this. Imperialism had significant impacts on the economies and societies of both the colonizing countries and the colonized territories, and it continues to be a controversial and contentious issue today.
The colonies supplied European nations with wealth such as raw materials, natural resources, trade routes, and a market place for finished goods.
European nations colonized Africa in the 19th century because of it's wealth of natural resources. Africa had a great amount of petroleum, lead, tin, copper and precious gems. Africa was a source of economic growth for the European countries.
Africa had a wealth of Natural Resources
they traded rice, animal skin and natural resources
This practice of having colonies was called Imperialism and there were several reasons for it. This was durinbg the time of industrialization, when nations were building factories and mass-producing things. Colonies were a way to get cheap natural resources and cheap labor. They also created new markets for selling the things that the factories produced. More than just an econimic issue, colonies were a badge of status. The more colonies a nation had, the more powerful it was. It was basically a competition between the nations.
True.