Question

5. Identify the circumstance that led to New Imperialism

Answer 1

Answer: Europeans needed new markets where they could sell their manufactured products.

Explanation:

During the development of the Industrial Revolution, the European industrial giants, the most developed countries, sought to expand their business. In this context, almost all of Africa and parts of Asia are being colonized. In this way, the industrial and imperialist giants sought to come into possession of raw materials and cheap labor. It was also an effort to have their products to cover a larger area and reach many people. In this way, the industrialists and the states acquired a greater amount of capital.