Unformatted text preview: imperialism (expansion of certain economic forms into other areas of the world.) D. Hobson theorized why expansion occurs: 1. Overproduction of goods and services in the more developed countries 2. Under consumption by workers and lower classes in developed nations because of lower wages 3. Over saving by the upper classes and the bourgeoisie in the dominant developed countries...
View Full Document
- Fall '08
- Sociology, a. Marx, D. Hobson, Radicalism A. Marx, Radicalism outline I.