Feb23 - The New Imperialism Key Terms New Imperialism Imperialism The Highest Stage of Capitalism The Opium Wars The Treaty of Nanjing The British Raj

Feb23 - The New Imperialism Key Terms New Imperialism...

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The New Imperialism Key Terms · “New” Imperialism · Imperialism, The Highest Stage of Capitalism · The Opium Wars · The Treaty of Nanjing · The British Raj · The Suez Canal · The Scramble for Africa · Neo-Imperialism I. The New Imperialism: Causes and Justifications Definitions: Colonialism, Old Imperialism, and New Imperialism Old Imperialism vs. New Imperialism o Europeans moved more toward controlling the people of an area and exploiting their resources rather than colonizing and controlling trade o One power ultimately dominates the other in an arrangement not entered into willingly o There was a need for new markets since there wasn't enough consumption domestically after the increased production of industrialization The Needs of Industrial Capitalism: A Good Investment? o John Hobson, Imperialism: A Study (1902) Industrial capitalism creates a huge surge of wealth Needed new markets for the goods but also the capital itself

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