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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

Macroeconomics: Private and Public Choice (MindTap Course List)
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter18: Gaining From International Trade
Section: Chapter Questions
Problem 3CQ
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can you give me a brief explanation on why this passage is an economic motivator?

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: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
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
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
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