What Was the General Goal of Imperial Powers,such as Great

question 62

Multiple Choice

What was the general goal of imperial powers,such as Great Britain,in the late nineteenth century?

• A) To create an integrated,competitive global economy
• B) To monopolize as large a proportion as possible of the finite global supply of gold
• C) To profit by instructing other regions of the world in industrial production methods
• D) To force their colonies to buy their manufactured goods while exporting staple commodities

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Definitions:

Economic Indicators

Statistics and data points that are used to gauge the overall health and direction of an economy.

Nondefense Capital Goods

Products used by businesses to produce goods or services that are not intended for military use.

Supply Shock

An unexpected event that suddenly changes the supply of a product or commodity, resulting in an unexpected change in price.

Imported Oil

Oil that is produced outside of one's home country and brought in through international trade agreements for consumption or use.