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Consequences and Causes of Colonial Expansion - School Essays

Consequences and Causes of Colonial Expansion

The period of 1800-1914 is characterized by the rapid development of capitalist and market relations in both hemispheres of the globe. In the 19th century most of the European states already had a developed system of colonialism in Africa and Asia that was essential for the development of industry, as the colonies became the customers of the metropolitan products produced on the base of raw materials brought from colonies. The struggle for the suppliers of the raw materials was essential during that epoch, because the existence of suppliers would guarantee the prosperity of industrial production and goods exchange.

The development of production and market relations are integral ...

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obvious, as the United States are becoming the major importer of fruits, other agricultural products and raw materials for industry from Latin America.

On the other hand in eastern hemisphere, Western Asia and Northern Africa had been always the regions of the increased political interest from the side of European super powers as they were the gates way to the markets of Asia, Eastern Europe (through the black sea). The construction of the Suez Canal by English companies in 1859-1869 had shorted tremendously the distance between Europe and Asia and boosted the goods exchange between two parts of the world. Besides growing economical interaction between the European and Asia world the nineteenth century is characterized by the decline of the Ottoman Empire and the decline of Turkey itself. The feudal system of relations in the Ottoman Empire stopped the development of capitalist relations and resulted the economical decline of the state. As a result Ottoman Empire trying to save ...

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Consequences and Causes of Colonial Expansion. (2017, August 9). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Consequences-and-Causes-of-Colonial-Expansion/106380

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Added: 8/9/2017 02:40:39 AM
Category: American History
Type: Premium Paper
Words: 934
Pages: 4

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