CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Outcomes of The First World War

What is 'Econ...

Question

What is 'Economic Imperialism'?

A

Economic domination of one nation by another.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Bring profits to the nation by exploiting the natural resources of the undeveloped nation.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Both A and B

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Both A and B
The objective of the new imperialism was to bring profits to the nation by exploiting the natural resources of the undeveloped nation by means of economic and political domination. This form of imperialism was called 'Economic Imperialism'.

Suggest Corrections

thumbs-up

0

Similar questions

Q. How does the economic condition of a nation depend on its natural resources ?

Q. can be defined as the act of one nation controlling another nation for economic gains.

Q. ____ is the act to rule another nation by possession of the territory or by gaining political and economic control.

Q. Statement: The economic prosperity of any nation is dependent on the quality of its human resources.
Assumptions:
I. It is possible to measure the quality of human resources of a nation.
II. Achieving economic prosperity is a cherished goal of every nation.

Q. When we produce goods by exploiting natural resources, in which category of economic sector such activities come?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Consequences of the First World War

HISTORY

Watch in App

explore_more_icon

Explore more

Outcomes of The First World War

Standard X History

Join BYJU'S Learning Program

CrossIcon