European imperialism stripped the land in Asia and Africa of their valuable natural resources, like rubber in Congo. This negatively affects the imperialized states because they could no longer make money from these resources to improve their economy. In Document 3, an Indian journalist discusses how the presence of the East India Co. has affected their culture and their “hereditary trades”. In India they would trade textiles, but with the industrialization of England the English could make double the amount of textiles at a much cheaper rate, so the practice was relatively abandoned. After this abandonment in the trade of textiles, and increase in English involvement, the trade of agriculture increased. The agriculture was then given to the East India Co, paid in gold, but then mostly gained back from taxes on Indians. Historically, the East India Company ruled India throughout the 1800s, it held economic and political power. British imperialism in India dampens their economic prosperity, because while trade does increase, it is controlled by Britain. Therefore, most of the money gained would go to …show more content…
The Natives gained new manufactured goods like guns, but they gained no economic power while the economies of the European settlers increased due to the high demand in Europe. Developed, imperial, European countries exploited and negatively affected the countries they entered by taking raw materials and selling them for the profit of Europeans, not for the lands they came from. European imperialism also negatively affected the economies of Africa and Asia by enacting forced or coerced labour upon the indigenous. In Tanzania, they were forced to work on plantations for the Germans with no pay, as was the case with most other places too. Document 1 states that the Dutch forced the people of Java to work on sugar plantations with no wages. The economy of Java was diminished to almost none because of this forced labour because if people can’t make wages, they can’t purchase things and circulate monetary value through the economy. While the Dutch benefited because of the production of goods from this forced