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Question
Explain the reason for the rise of colonialism.
Industrial Revolution
Answer in Brief
Solution
- Colonialism was a result of Industrial Revolution.
- Production increased enormously because of the new machines.
- However, the rate of local consumption was much lesser compared to the surplus production.
- Hence, the immediate need of the Europeans was to find new marketplaces for selling their products.
- It was also necessary that those marketplaces be dependable and easy to dominate.
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