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    Africa and Asia Colonies - U.S. History 1877

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    European countries apart of the Western Empires fighting alongside Russia had many colonies in Africa and Asia, but after their economies were ruined as a result of the war they could no longer afford to salvage these colonies. What sort of colonies were they?

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    The colonies in Africa were financial windfalls for the European Imperialist, which were tremendously rich in natural resources that could be brought to Europe and turned into manufactured goods. Colonies also served as Europeans markets for their manufactured goods sold in Africa for large profits. Jockeying for power rival European nations would seize territories in Africa for the sole purpose of preventing other European countries from seizing it. These inhumane Imperialists would make agreements with Africa chiefs permitting the company to trade and keep order in ...

    Solution Summary

    This solution discusses the African and Asian colonies and their economies.