Purchasing power fell because of inflation
Answer:
answer is industrial revolution
Imperialism is a political and military philosophy in which one country or government seeks to conquer other countries and societies and bring them under the control or influence of the invading country.
Imperialism is often associated with the economic theory of mercantilism, in which the conquering country (known as the metropole) becomes the center of manufacturing and production while the conquered countries (the colonies) become the suppliers of raw natural goods. Under a mercantilist system, the point of having colonies is to enrich the metropole.
Imperialism takes a number of forms. There's settler colonialism, where a metropole established colonies to gather raw goods or resources (New York and Jamestown are examples). There's religious imperialism, in which a country invades other countries for the purposes of spreading a religion (Spain was infamous for this) or establishes religious communities abroad (as in Massachusetts Bay).
Imperialism has also existed for ages and ages. The Romans are one famous example, but virtually every country in Western Europe (France, Britain, Spain, Portugal, Germany, Belgium, etc) had an empire at one point. But so did the Japanese, the Russians, the Zulus, and the Comanches.
The long-term causes of the Cold War are clear. Western democracies had always been hostile to the idea of a communist state. The United States had refused recognition to the USSR for 16 years after the Bolshevik takeover. Domestic fears of communism erupted in a Red Scare in America in the early Twenties.
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Can I have brain? please
