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 correct answer is salutary neglect. The name of the policy came from a speech that the philosopher Edmund Burke gave to Parliament in the 1700s. A policy then emerged wherein the colonies were, more or less, left alone. Certainly more than they would have been as a subservient colony to the Crown.
Answer:
c
Explanation:
Hope it Helps have a great day
