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
➡️The Habsburg Period in Spain is the collection of events between the 16th and 17th centuries.✔️
➡️It begins with the Holy elected emperor of the Roman Empire, Fredrick the III.✔️
➡️The Habsburgs, of Austrian descent, was the dominant ruling family at the time; the most significant rulers are noted as Charles I and Phillip II.✔️
Medicare provides medical assistance to senior citizens.
the spinning wheel to produce textiles, the water wheel used to power machinery and the steam engine were invented. These inventions aided in speeding up the production of manufactured items.
