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In: Business and Management

Submitted By dougscott123
Words 604
Pages 3

AUGUST 16, 2010

Imperialism played a huge part in the economics of large industrial or military – powerful nation and even the world economy in the last two centuries. Imperialism has benefited the citizens of the imperial nations, including the United States by expanding foreign commerce and thereby helping the domestic economics of each nation. By having control over lands overseas a nation can have more output for itself and foreign trade, It exports would be greater than its imports; therefore by increasing its wealth. For many imperial nations, control over a land meant more than domination. It means repression and brutality as in the case with Britain, even the United States particularly in the Philippines. Throughout the 19th century, Americans expanded their influence across the continent through the West Ward movement. Although sovereign Native American nations were suppressed and even eliminated in the process, America was not acting as an “imperial power.”
At the start of the 19th century, Imperial China, under the Qing dynasty, represented a stable and prosperous nation. There was no reason to believe that the next hundred years would change that, yet the start of the next century, the dynasty had rendered powerless, and the armies of various Western powers were descending on Peking to end the “Boxer Rebellion.” The overriding reason for these changes resulted from Western Imperialism, a movement within the industrialized nations fueled by several important motives. Although British presence in India – the “jewel in the crown,” dates to 1600, by the mid-19th century, the British took control over India following a bloody uprising against the East India Company. In 1917, the…...

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