Because of the fact that they needed
During the colonial period, the British Parliament used the policy of mercantilism to trade goods that were in demand elsewhere in Europe in order to gain more revenue to extract more resources from the New World--in somewhat of an economic cycle.
If you think of European empire prior to the 19th century, where did they extend their control over other lands? It was mostly in the Western hemisphere. France and Spain and others had large colonial territories in the Americas. During the years following the French Revolution in Europe (which happened at the end of the 18th century), Napoleon came to power and the Napoleonic wars were fought across Europe. The focus of Napoleon's attention was on Europe, not on colonies across the ocean. So, for instance, he sold off the Louisiana Purchase to the United States. Elsewhere across the Americas, native populations took advantage of the changes in Europe to rebel against colonial governments. Napoleon had taken control over Spain and other parts of Europe as well as France, and a wave of independence movements broke out in colonial territories in Central America and South America.
When Europe resumed efforts to extend its control over other parts of the world, later in the 19th century (and into the early 20th century), they shifted their focus to Africa and Asia. There was a race for controlling territories across all of Africa and especially in southeast Asia. In Africa, only Ethiopia and Liberia managed to maintain their independence from European control when that wave of imperialist action took place.
The type of organization that is important to china's economic development is international ais organizations.
<h3>What do you mean by economic development?</h3>
Programs, policies, or initiatives aimed at enhancing a community's economic health and quality of life are known as economic development initiatives.
The market-oriented economy of the People's Republic of China, which is developing and has a middle-income level, combines economic planning through industrial policies and strategic five-year plans.
Hence option 3 is correct.
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