1. Old and New Imperialism
Old imperialists recognized the economic burden in colonization as it could possibly lead to colonial wars and raise taxes, hence harming their economic interest. ... The availability of cheap 1(Deepti, M. 2001) labor helped European countries to construct railways and waterways. Thus, transport and communication improved, bringing all parts of the world within easy reach. ... This "world power status" frenzy fueled a trend of colonization and nationalism. ... Cecil Rhodes, a British quintessential capitalist and the outstanding imperialist of his day, once said " I contend that we [B...
- Word Count: 1994
- Approx Pages: 8
- Grade Level: Undergraduate