Practice Quiz

CLEP Western Civ II

Category - Imperialism

Start a Study Session Sign up for Question of the Day
Which of the following describes the effect of the industrialization of Germany and the United States on European empires?
  1. Free trade existed between the nations and their empires.
  2. Nations needed to further develop their colonies to create markets.
  3. More competition drove up prices.
  4. Trade became more balanced, since Britain had to give up trade routes.
  5. Competition made some consumer goods difficult to acquire due to tariffs.
Explanation
Answer: B - The emergence of Germany and the United States heightened competition, forcing the established nations to further develop their markets, and the rising powers to establish some. In a move reminiscent of mercantilism, nations raised tariffs and created "sheltered markets" in their empires to protect their investments.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz