European imperialism had many positive and negative effects. Although majoity of the positive effects only helped Europe. European imperialism boosted Europe’s economy, and made them a world power. European countries set up colonies all over Africa, Latin America, and Asia. Document 1, “Does Colonization Pay” by O.P. Austin, states hows these new colonies, or modern progressive nation produced food and manufactered goods, developed the territory by building roads, canals, railways, and telegreaphs, and created civilization by establishing schools and newspapers. These colonies made massive amounts of money for Europe. Document 4, “Imperialism and World Politics by Parker T. Moore explains how these colonies made money for the “empire builders” or Europeans. Military and Naval leaders, Missionaries, and politicans brought wealth to Europe by traveling to these counties and building empirers. Exporters and manufacturers made money by developeing and controling all products and markets in the new colonies, and all native products and markets were shut down. Bankers also made large profits by giving loans to colonies, counries, plantaation owners, importers and exporters. This
European imperialism had many positive and negative effects. Although majoity of the positive effects only helped Europe. European imperialism boosted Europe’s economy, and made them a world power. European countries set up colonies all over Africa, Latin America, and Asia. Document 1, “Does Colonization Pay” by O.P. Austin, states hows these new colonies, or modern progressive nation produced food and manufactered goods, developed the territory by building roads, canals, railways, and telegreaphs, and created civilization by establishing schools and newspapers. These colonies made massive amounts of money for Europe. Document 4, “Imperialism and World Politics by Parker T. Moore explains how these colonies made money for the “empire builders” or Europeans. Military and Naval leaders, Missionaries, and politicans brought wealth to Europe by traveling to these counties and building empirers. Exporters and manufacturers made money by developeing and controling all products and markets in the new colonies, and all native products and markets were shut down. Bankers also made large profits by giving loans to colonies, counries, plantaation owners, importers and exporters. This