This era includes only 300 years, but some profound and long-lasting changes occurred. The western hemisphere came into continued contact with the eastern hemisphere. Technological innovations, strengthened political organization, and economic prosperity all contributed to this change that completely altered world trade patterns. Technological advancements and willingness of political leaders to invest in it meant that sea-based trade became much more important. Relative power and prosperity of Europe increased dramatically during this time in comparison to empires in the longer-established civilization areas but, Europe did not entirely eclipse powerful empires in Southwest Asia, Africa, and East Asia.
European Imperialism has greatly affected many nations and areas of the world. The whole continents of South America and Africa were colonized, and the effects of this colonization is still here today. European Imperialism fundamentallu altered the Chinese civilization by replacing the monarchy, and introducing the Chinese people to new technologies. Replacement of Dynastic MonarchyImage result for taiping rebellion European Imperialism encouraged the replacement of the thousands of years old dynastic monarchy in China. Repeated Qing interactions with the Europeans that ended in failure tested the peasants, who revolted in rebellions such as the Taiping rebellion.
The European powers only had the slave trade with the Africans along the shores of West Africa and African leaders still ruled most continent. According to Saul David, “Until the 19th century, Britain and the other European powers confined their imperial ambitions in Africa to the odd coastal outpost from which they could exert their economic and military influence…. As late as the 1870s, only 10% of the continent was under direct European control....” Joshua D. Settles in his research titled The Impact of Colonialism on African Economic Development also indicates that African economies were advancing in various fields, especially in the trade aspect. Nonetheless, everything changed in the late 1900s. With the development of technology and the discovery of quinine, the European powers started to expand their territories in Africa.
European imperialism had immense effects on Africa. A few of the negative effects included slavery, loss of independence, decline of African culture, and resource exploitation. They removed so many resources that Africa was exploited of natural minerals. A couple positive effects the Europeans had on africa were the introduction of trade and education. European nations also took it upon themselves to hold a conference to divide Africa into territories that would be controlled by European countries.
Although this was selfish, Europe gained wealth and power because of the imperialism. In document A there was increasing nationalism in Europe, and in document B Europeans wanted riches and glory which lead to competition in Europe. They wanted to keep up with their neighbors and this was important to them. Europeans wanted African materials like rubber which wasn't available to them in Europe, they also wanted to create new markets for their goods, this would have led them to great wealth for their nations. Europeans were able to use natural resources to make money, or also
The company’s monopoly on imports from China was sustained through the exchange of British silver for Chinese tea. The Chinese were not interested in any of the British or European goods because they had possessed abundance of goods within their
Commerce, the expansion into Asia, looking to find and extract raw resources, while influencing Asia furthermore. Economic Opportunities, and the use of resources that created what is known as the middle class. These were the ideas that justified
The industrial revolution propelled African imperialism to a level the world had never seen before. During the late 19th century, borders in Europe became difficult to alter and the only way to expand was in other continents like Africa. Europe exposed Africa’s weakness and preyed on them, leaving the continent in disarray. The industrial revolution induced African imperialism for economic prosperity, the rise in cultural and social power, and political motives. Economic prosperity had a major impact on the advancement of African imperialism.
European contact with sub-Saharan Africa around the 1500’s was not mutually beneficial because they had different needs. The economic exchanges and political relationships were based off of European’s relations with the Upper class of Africa, however not the majority of Africa. Due to the massive expansion of Europe, they wanted to continue to grow, and the only way to do that was to open trading ports all around the world. In the end, Europe benefited from trading with Africa and they are the ones who ended up
In many cases, however, rising national debt and corruption resulted in economic crisis and greater national instability. Asia, conversely, had emerging markets that capitalized on providing outsourced labor in manufacturing. The outsourcing of manufacturing resulted in the establishment of multinational corporations (MNCs) that profited from the cost-efficacy of global supply chains. Due to the expansion of trade and integration of nation-states into the global economy, globalization during the 20th century was primarily defined within an economic