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How did Imperialism contribute to the growth and globalization of the world economy?. Global Trade. Imports of food, tea, coffee, cotton Industrial raw materials from either agriculture or mineral commodities such as gold, diamonds, and copper
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How did Imperialism contribute to the growth and globalization of the world economy?
Global Trade • Imports of food, tea, coffee, cotton • Industrial raw materials from either agriculture or mineral commodities such as gold, diamonds, and copper • Imperialist nations had an insatiable appetite for these commodities and the old methods of productions an transportation could not meet their needs
Transportation • Suez and Panama Canal rapidly decreased the amount of transportation time across the globe • Steamship size increased and new deeper harbors were needed to accommodate them • Railroads in the newly developed imperial territories were built linking mining and agricultural products, to the nearest harbors
Global Economy • Demand for agricultural goods and raw materials was ever increasing in Imperial Nations-British Tea • Botany and agricultural science was applied to all territories • Rubber was used to make waterproof materials and originally came from the Brazilian Rain Forrest • Garments, bicycle tires, eventual automobile tires
Irrigation and Natural Environments • New irrigation canals were built to bring water to dry areas turning them into well populated, crop producing farmlands • Railroads had huge appetites for land and resources • Gold mines in South Africa, Australia, and Canada • Tin in Nigeria, Malaya, and Bolivia • Huge mines opening up in expanses of earth