How were colonialism and European imperialism related to industrialization?

Question

What will be an ideal response?

Answer 1

ANSWER:
The economic relationship of Europe with the rest of the world during the late eighteenth and nineteenth centuries profoundly influenced global society. Whereas the previous economic models dominating European trade were those of mercantilism or trade with other areas such as China and India, the Industrial Revolution made manufacturing the principle form of economic activity in Europe, a commercialism that depended on raw goods to fuel mechanized industry. Thus Europeans began to emphasize colonialism and imperialism to promote an economic growth that was based on production rather than trade, at the expense of the countries from which they derived their raw materials. For example, the British flooded the global market with manufactured textiles at cheap prices, effectively nullifying the domestic industry of non-European countries. The deliberate suppression of industry in non-Western areas made those areas dependent on European goods and therefore put them in a subordinate position. However, industrialization did not occur at the same rate throughout Europe, and the inequitable balance in both trade and colonialism was a critical factor in shaping the liberalism and nationalism of the nineteenth century, and ultimately promoting war in the early twentieth century.