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
Answer:
America had a debt, and Bush would have to compromise with Congress to decide how to pay it off. - first choice
The Germans blamed the Great Depression on the German Jews and repressed them severely while the Japanese suspended democracy and came under the dictatorhip of Emperor Hirohito and both countries promoted wars of aggression and ended up being defeated by the Allies. The US on the other hand, under FDR developed government infrastructure building programs to keep the Americans employed and then entered WWII and helped defeat the German, Italian and Japanese fascists on the battle field.
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