With the exception of Austria-Hungary, new imperialism was entrenched in the policies of all the European powers. This frenzy to acquire colonies was due to the potential financial and psychological benefits that colonies provide. Financially speaking, the colonies can help European nation’s name economy by firstly providing the raw materials necessary for industrialization which were lacking in continental Europe. Secondly, after using the raw materials to produce the merchandise, the colonies provided a market where the European nations can sell their manufactured goods. Hence, new colonies can begin an exploitive cycle where the European nations take resources from their colonial subjects then profits exportation of completed goods
<span>Lord Cornwallis took over command of British forces in the Southern colonies in 1780 :) hope this helps </span>
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Hope this helps :)
Answer: Andrew Carnegie is a captain of industry because he started off as a poor Scottish boy but he was able to build a successful industry, he impacted the U.S. with his steel to transform cities and he donated most of his wealth to others.
France first attempted to build the canal in the 1870s. He left quite a few diseases and financial problems behind. Ferdinand de Lessups was the engineer who designed the Suez Canal.