#AP World History: Modern - Economic Imperialism Study Guide 🌍

Hey! Let's break down economic imperialism. Think of it as a game where some countries use their economic power to call the shots in other places. It's a big topic, but we'll make it super clear and easy to remember. Let's dive in!

#What is Economic Imperialism?

Economic imperialism is when a country uses its economic muscle to control other countries. It's not always about armies marching in; sometimes, it's about controlling resources, trade, and money. Think of it like this: instead of conquering with weapons, you're conquering with wallets. 💰

#Goals of Economic Imperialism

Resources: Grabbing raw materials like oil, minerals, and lumber. 🛢️
Markets: Selling their own goods and services to new customers. 🛍️
Investment: Finding new places to invest money and make even more. 🏦
Political Power: Gaining strategic advantages like military bases or ports. ⚓
Ideology: Spreading their economic and cultural beliefs. 💡

Key Concept

Economic imperialism isn't just about money; it's also about power and influence. It's the economic version of a power play.

#Causes of Economic Imperialism

Industrial Revolution: The need for raw materials and new markets fueled the push for expansion. 🏭
Competition: European powers were in a race to dominate globally. 🏁
Colonies: Establishing colonies and trading posts in Africa, Asia, and the Americas.
Strategic Locations: Controlling key ports and transportation routes. 🗺️
Exploitation: Using the resources and labor of colonized peoples. 🧑‍🌾

Memory Aid

Think of it like a shopping spree for countries. They wanted resources, markets, and power, and they were willing to go far to get them.

#Formal vs. Informal Economic Imperialism

It's like the difference between being a landlord and a very influential neighbor.

#Formal Economic Imperialism

Direct Control: The imperial power directly controls the colony's government and economy. 👑
Colonization: Think of the British in India or the French in Indochina. 🇮🇳🇫🇷
Tariffs and Trade: Imposing rule...

Economic Imperialism