Most Historians Today Would Agree That Late-Nineteenth-Century European Imperialism

question 23

Multiple Choice

Most historians today would agree that late-nineteenth-century European imperialism:

• A) was driven by European capitalist development.
• B) was drive by economic needs, territorial conflict, and nationalism.
• C) was a completely new phenomenon on the European historical stage.
• D) served mostly as a means to quiet class conflict at home.
• E) was guided primarily by European banking and financial interests.

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Definitions:

Real Wages

Wages adjusted for inflation, representing the actual buying power of compensation for work performed.

Economic Rent

The income earned from the use of resources above what is necessary to keep those resources in their current use.

Real Wages

Salaries recalibrated based on inflation rates to indicate the real value of earnings in terms of buying capacity.

Real Wages

Salaries recalibrated to account for inflation, indicating the actual buying capability of earnings.