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Concept
New Imperialism
Summary
In historical contexts, New Imperialism characterizes a period of colonial expansion by European powers, the United States, and Japan during the late 19th and early 20th centuries.
The period featured an unprecedented pursuit of overseas territorial acquisitions. At the time, states focused on building their empires with new technological advances and developments, expanding their territory through conquest, and exploiting the resources of the subjugated countries.
During the era of New Imperialism, the European powers (and Japan) individually conquered almost all of Africa and parts of Asia. The new wave of imperialism reflected ongoing rivalries among the great powers, the economic desire for new resources and markets, and a "civilizing mission" ethos. Many of the colonies established during this era gained independence during the era of decolonization that followed World War II.
The qualifier "new" is used to differentiate modern imperialism from earlier imperial activity, such as the formation of ancient empires and the first wave of European colonization.
International relations (1814–1919)
The American Revolutionary War (1775–83) and the collapse of the Spanish Empire in Latin America in the 1820s ended the first era of European imperialism. Especially in Great Britain these revolutions helped show the deficiencies of mercantilism, the doctrine of economic competition for finite wealth which had supported earlier imperial expansion. In 1846, the Corn Laws were repealed and manufacturers grew, as the regulations enforced by the Corn Laws had slowed their businesses. With the repeal in place, the manufacturers were able to trade more freely. Thus, Britain began to adopt the concept of free trade.
During this period, between the 1815 Congress of Vienna after the defeat of Napoleonic France and Imperial Germany's victory in the Franco-Prussian War in 1871, Great Britain reaped the benefits of being Europe's dominant military and economic power.
Official source
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