9th Grade
12 November, 2016
Informative Essay: Imperialism in Egypt
Egypt has always been a country that people marveled at, tourists visit the Eastern beauty and take pictures of what’s to offer, but how did it become possible for American’s to visit the home of one of the 8 wonders of the world? European imperialism is a large part of why we can see all that Egypt possesses. Before imperialism, Egypt was in independent country. They were ruled by the Pharaoh’s and priests in their country. They were the religious leaders and were in charge of making the religious decisions for their country as well as the political and economic decisions. These leaders were very respected by the Egyptians during and after their life. The Egyptians would often bury their pharaohs in tombs built into the pyramids. The pharaohs would be buried with valuables, such as jewels, silver and gold, among other things. Gold wasn’t how the Egyptians received their profit though. Like many other countries at that time, agriculture was a widely practiced …show more content…
This boom in trade made Egypt realize that in order to continue in their progress, they would need to improve their country. They began to borrow money from European countries, quickly going bankrupt when the price and demand of cotton fell in 1876. In order to pay back the money borrowed, Egypt signed a debt repayment contract called the Caisse de la Dette. This translates to "Public Debt Commission”. Created on May 2nd, 1876 by the Khedive of Egypt and Sudan, Isma’il Pasha, this contract gave Britain and France the power to monitor and control Egypt’s revenues and expenditures. Once these European countries were given this power, the Egyptian’s social and political structures began to lessen in strength, especially their military