Justifications for expansion

Justifications for expansion - Justificationsforexpansion.

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Justifications for expansion. Since 1870, European nations such as Great Britain, France, Belgium, Germany, and Italy had been  seizing territory and establishing colonies in Africa and Asia. Several factors contributed to the  United States' somewhat belated participation in this Age of Imperialism. Both industrial output and  agricultural production were far exceeding the ability of the nation's consumers to absorb them, and  foreign markets were thereby deemed essential to continued economic growth. Business leaders  believed that huge profits could be made by selling American goods in Central and South America  and Asia as well as by directly investing in the development of the natural resources of those  countries. The clamor to annex Hawaii, for example, came first and foremost from the American  sugar cane planters on the islands.  The proponents of a strong navy also recognized the value of overseas trade. Captain Alfred Thayer 
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This note was uploaded on 11/19/2011 for the course HIST 1310 taught by Professor Marshall during the Fall '08 term at Texas State.

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