Question

Explain the following statement with reason.

European Nations established their colonies in Africa.

Answer 1

Europeans needed to capture newer marketplaces for selling their surplus goods, which were increasingly accumulating as the result of mass production, caused by the industrial revolution. Besides, they also needed additional sources that would provide ample raw material. In the latter half of the 19th century, England had built a very flourishing trade as a result of the industrial revolution. The British with the help of their naval forces had established supremacy in Asian and African countries. Earning surplus profits, investing surplus profits, increasing trade with the colonies for a good investment, profit on the investments – this was an unending chain. France, Belgium, Italy, and Germany were the countries, who, like England strove to establish colonies.

The countries in Asia and Africa had rich sources of minerals like gold, diamonds, silver, coal, etc. This attracted European merchants to various regions of Asia and Africa.

European nations had realized that the geographic location of some regions in Asia and Africa are advantageous for trade. Therefore, European Nations established their colonies in Africa.