Answer:
The colonies offered important markets for the imperial powers' manufactures, providing domestic tax revenues and employment to a considerable extent. ... In turn this industrialisation had a large, positive impact in support of the anti-imperial movement in India.
Answer:
Without government intervention, firms can exploit monopoly power to pay low wages to workers and charge high prices to consumers. Without government intervention, we are liable to see the growth of monopoly power. Government intervention can regulate monopolies and promote competition.