What was one economic reason for European countries competing for colonies?
Answer and explanation
Correct answer: Need for cheap raw materials and new markets
The governing concept is the economic motive of imperialism. Industrial economies required regular supplies of raw materials for factories and sought new markets where manufactured goods could be sold. Colonies were therefore viewed as sources of materials, consumers, and profitable opportunities. Option A correctly combines both motives. The other choices concern culture, political rights, or military reduction and do not explain colonial competition.
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What is the correct answer to this question?
Need for cheap raw materials and new markets
Why is this the correct answer?
The governing concept is the economic motive of imperialism. Industrial economies required regular supplies of raw materials for factories and sought new markets where manufactured goods could be sold. Colonies were therefore viewed as sources of materials, consumers, and profitable opportunities. Option A correctly combines both motives. The other choices concern culture, political rights, or military reduction and do not explain colonial competition.
Which subject and chapter does this question cover?
This is a Class 10 Social Science question. Chapter: The Age of Industrialisation. Topic: Nationalism and Imperialism.
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