Examine how government actions and interventions influenced the direction of the Industrial Revolution.
The New Imperialism refers to a period of competitive colonial expansion in Asia and Africa by European powers during the late 1875-1914. This is called New imperialism because this can be considered as the second wave of imperialism, as distinguished from the first wave that started from the 15th cRead more
The New Imperialism refers to a period of competitive colonial expansion in Asia and Africa by European powers during the late 1875-1914. This is called New imperialism because this can be considered as the second wave of imperialism, as distinguished from the first wave that started from the 15th century and continued up to the early 19th century.
Characters Of New Imperialism
- This phase of imperialism saw the participation of new countries in the race for colonisation. The newly unified Italy and Germany played a prominent role in this phase.
- This phase also saw imperial powers trying to stretch their horizons to news areas. Africa became the new battleground and the Scramble for Africa started in this phase.
- The vigour and the intensity of colonial powers in seeking colonies increase.
- In the beginning of this phase, imperial powers acted on a Bismarkian principle that no colony is worth a war. But the later stages was dominated by nationalistic forces and saw countries at wars with each other for colonies ultimately leading to world war-1.
Economic Factors Of New Imperialism
- The unification of Germany and Italy, the spread of Industrial revolution, and rapid Industrialization of entire Europe are the main economic reasons that provided impetus for colonization in this phase.
- Industrial revolution resulted in European countries producing beyond the demand in their countries. This excess production necessitated the search for new international markets, with no competition and favourable trade rules. Acquiring colonies and imposing these trade restrictions were seen as easier ways to achieve this.
- Industrial scale production also demanded huge quantities of raw material which many of the European nations lacked. Thus colonies in resource rich Asia and Africa are seen as a source for cheap raw materials like cotton, mineral ore etc.
- Rapid industrialization also made many European businessmen very rich. However the investment opportunities in Europe are not very bright due to high competition and market saturation. Hence they were looking for new avenues to invest their surplus capital. Colonies appeared as bright prospects due to their potential for growth and low cost of labour.
- Apart from this, colonies also acted as a source for labour, they also provided soldiers for their wars. Colonies also acted as outposts to settle the European population which exploded due to prosperous conditions brought upon by the industrial revolution.
Nationalistic Factors Of New Imperialism
- The unification of Italy and in particular Germany has brought a fundamental change in nationalistic philosophy among European countries. These newly unified countries in order to find their rightful place in European politics and make up for the lost time in the imperial race started an assertive and aggressive type of nationalism.
- In this type of nationalism not only industrial progress, but colonies are seen as the pride of the nations. The more the number of colonies, the bigger the nationalistic pride.
- In this muscular type of nationalism, overseas colonies gave legitimacy to the rulers. Population of imperial countries considered having colonies abroad as essential for international prestige.
- Imperialism is not only a fashion of that age, but colonies were seen as essential components of national defence as they served as buffer states between great powers of the day, and also provided necessary money, resources, men, communication lines, foreign bases, etc.
- This aggressive nationalism under its fold also has a racial component. The European intellectuals expounded on social Darwinism and thought of themselves as racially superior and people in Asia and Africa need their guidance. It was seen as white man’s burden to reform the orientals.
New imperialism was influenced by economic factors and counties avoided wars even when they were at loggerheads with each other. The paper partition of Africa by European powers can be seen as the best example of this fact. But beyond this economic motive, it had underlying nationalistic imperatives of the imperial powers. Hence new imperialism was at once both an economic and nationalist phenomenon.
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The Industrial Revolution was a complex and multifaceted process that was shaped by various factors, including state intervention and policies. Here are some ways in which state intervention and policies influenced the course of the Industrial Revolution: State Intervention: Protectionism: Many goveRead more
The Industrial Revolution was a complex and multifaceted process that was shaped by various factors, including state intervention and policies. Here are some ways in which state intervention and policies influenced the course of the Industrial Revolution:
State Intervention:
Policies:
Impact of State Intervention and Policies: