SOURCE: The following is an excerpt from an appeal from Jules Ferry (a French statesman) to the French monarchy to build a second colonial empire in 1890. "Colonial (Imperialist) policy is the child of the industrial revolution. It is necessary for wealthy countries where capital (money) is plentiful and accumulates (grows) fast, where industry is expanding steadily, where even agriculture must become mechanized in order to survive. Exports (goods sold to other countries) are essential for public prosperity (wealth). Both demand for labor and the opportunity for capital investment (starting new businesses) depend on the foreign market. All over the world, beyond the Vosges (a French mountain range) and across the Atlantic, the industrial revolution has resulted in an increasing volume of manufactured goods, the disappearance of traditional markets, and the appearance of fierce competition. The European consumer-goods market is saturated (full); unless we declare modern society bankrupt and prepare for its destruction by revolution, new consumer markets will have to be created in other parts of the world. Colonial policy is an international manifestation (representation) of the laws of competition." 1. Motive for imperialism Economic 2. Explanation 3. Sourcing
SOURCE: The following is an excerpt from an appeal from Jules Ferry (a French statesman) to the French monarchy to build a second colonial empire in 1890. "Colonial (Imperialist) policy is the child of the industrial revolution. It is necessary for wealthy countries where capital (money) is plentiful and accumulates (grows) fast, where industry is expanding steadily, where even agriculture must become mechanized in order to survive. Exports (goods sold to other countries) are essential for public prosperity (wealth). Both demand for labor and the opportunity for capital investment (starting new businesses) depend on the foreign market. All over the world, beyond the Vosges (a French mountain range) and across the Atlantic, the industrial revolution has resulted in an increasing volume of manufactured goods, the disappearance of traditional markets, and the appearance of fierce competition. The European consumer-goods market is saturated (full); unless we declare modern society bankrupt and prepare for its destruction by revolution, new consumer markets will have to be created in other parts of the world. Colonial policy is an international manifestation (representation) of the laws of competition." 1. Motive for imperialism Economic 2. Explanation 3. Sourcing
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
can you give me a brief explanation on why this passage is an economic motivator?
Transcribed Image Text:E
Economic
desire to make
money
to expand and
control foreign
trade
to create new
markets for
products
to acquire raw
materials and
cheap labor
to compete for
investments and
resources
to export
industrial
technology and
transportation
methods
M
Military
To claim territory
to create bases
to protect the
empire
to exercise
military force
to use as a refuel
and resupply area
to boost national
pride and
security
P
Political
based on a
nations' desire to
gain power
to compete with
other European
countries
to expand
territory
to gain prestige
by winning
colonies
to boost national
pride
Ideological (Social)
based on cultural
values such as
the belief that the
white race was
superior
other cultures
were "primitive"
social Darwinism
Europeans
should "civilize"
peoples in other
parts of the
world
great nations will
survive
R
Religious
the desire to
spread
Christianity
to protect
European
missionaries in
other lands
to spread
European values
and moral beliefs
to educate
peoples of other
culture
to end slave trade
in Africa
E
Exploratory
the desire to
explore
"unknown" or
uncharted
territory
to conduct
scientific
research
to conduct
medical searches
for the causes
and treatments of
disease
to go on an
adventure
to investigate
unknown
cultures
Transcribed Image Text:SOURCE: The following is an excerpt from an appeal from Jules Ferry (a French statesman) to the French
monarchy to build a second colonial empire in 1890.
"Colonial (Imperialist) policy is the child of the industrial revolution. It is
necessary for wealthy countries where capital (money) is plentiful and
accumulates (grows) fast, where industry is expanding steadily, where even
agriculture must become mechanized in order to survive. Exports (goods sold
to other countries) are essential for public prosperity (wealth). Both demand
for labor and the opportunity for capital investment (starting new businesses)
depend on the foreign market.
All over the world, beyond the Vosges (a French mountain range) and across
the Atlantic, the industrial revolution has resulted in an increasing volume of
manufactured goods, the disappearance of traditional markets, and the
appearance of fierce competition.
The European consumer-goods market is saturated (full); unless we declare
modern society bankrupt and prepare for its destruction by revolution, new
consumer markets will have to be created in other parts of the world. Colonial
policy is an international manifestation (representation) of the laws of
competition."
1. Motive for imperialism
Economic
2. Explanation
3. Sourcing
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education