The original quest for colonies, which began in the 17th century, was economically justified by the dominance of the mercantilist system. One of mercantilism's key assumptions was that a country could only become wealthy through the accumulation of gold stock. The only way to maintain a large gold stock was to block trade with other nations, and extract resources from far off colonies. This was the major justification for early colonization. In the quest for …
showed first 75 words of 890 total

showed last 75 words of 890 total
…in land shortage, famine, and increased poverty because of heavy taxes and inflation. In conclusion, the causes and outcome of imperialism in Nigeria and China are very similar. Compared with each other, both were pulled away from their own resources and culture by the English. In ways, the English did influence the countries in the beginning, however as time passed the greed for economic power was inherently displayed with the exploitation of these two countries.