The Rise of Imperialism Essay - 475 Words

Although there are many other important factors, the main cause of the rise of imperialism was most certainly economic. The Age of Empire, by Eric J. Hobsbawn, provides an interpretation of New Imperialism. Hobsbawn calls imperialism â€Å"a natural by-product of the international economy† (Sherman pg 177). He is basically saying that imperialism is dependent on the rivalries of competing industries, which continually drive the international economy. Hobsbawn also dictates the need for external markets. The Industrial Revolution created many products that needed markets, thus creating a need of colonies. Hobsbawn believed that the overproduction of the Industrial Revolution and the Great Depression could be solved. He also realized that†¦show more content†¦Economic factors played an extremely important role in the rise of imperialism, allowing Western Europe to increase their power and influence in the world.Although there are many other important factors, the main cause of the rise of imperialism was most certainly economic. The Age of Empire, by Eric J. Hobsbawn, provides an interpretation of New Imperialism. Hobsbawn calls imperialism â€Å"a natural by-product of the international economy† (Sherman pg 177). He is basically saying that imperialism is dependent on the rivalries of competing industries, which continually drive the international economy. Hobsbawn also dictates the need for external markets. The Industrial Revolution created many products that needed markets, thus creating a need of colonies. Hobsbawn believed that the overproduction of the Industrial Revolution and the Great Depression could be solved. He also realized that many businessmen knew that they could make a large profit off of China’s large population. For example, if every one of the three hundred million Chinese purchased one box of tin-tacks the businessmen knew that there would be a huge profit, consequently increasing the desire for colonization of weaker countries. New technology, as described in The Tools of Empire by Daniel R. Headrick, also contributed to the desire for newShow MoreRelatedThe Rise of American Imperialism Essay927 Words   |  4 PagesThe Rise of American Imperialism The idea of American Imperialism had both its advocates and its critics. One only needs to look at a map to see which side won. America has greatly expanded since its own phase as a colony of the greatest European Empire of the time. America became her own Empire through the accusation of vast territories through many different mean. Sometimes she purchases the mighty morsel, sometimes she forms it #8230; by the natural increase of her own people, sometimesRead MoreEssay on The Rise of Empire: British Imperialism1463 Words   |  6 Pagesof King Henry VIII that England was called an Empire which affirmed its spiritual and temporal independence. (1) Imperialism, on the other hand, means the rule of the Empire. But this is a simplistic understanding of the term, devoid of its complex layers of meaning given to it by historical events. The term colonialism works to provide a better picture of the weight imperialism holds in our times. Ania Loomba develops the OED definition of the word colonialism from an innocuous settlementRead MoreWorld War I Was The Rise Of Nationalism And Imperialism990 Words   |  4 PagesWorld war I had three main causes and the first was the rise of nationalism and imperialism. During the 100-year period of peace, nationalism became popular among the European countries. 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