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Imperialism In The Late 1800s Research Paper

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In the late 1890s, the United States faced a dilemma: they were in the midst of one of the greatest economic depressions in their time. There were many influencing factors in this depression, but many economists believed that the lack of customers had resulted in the over-production of steel, oil and other goods. These were the leading causes of the economic crash. Luckily for the United States, the age of Imperialism has begun. Imperialism is the act of annexing foreign colonies. In the early 1900s, European powers started aggressively conquering colonies, racing to build the largest Empires. The question is, should the United States have joined this conquest, and how did they benefit? Without the rise of big business in the late 1890’s, the United States would not have sanctioned Imperialism, nor would they have annexed colonies in the East, conveniently forming a route to China’s market. …show more content…
Americans realized that because of the rise of big business, there was a huge excess of steel and not enough customers. Albert J. Beveridge, the Senator from the state of Indiana says, “Our largest trade henceforth must be with Asia. The Pacific is our ocean...Where shall we turn for consumers of our surplus” (Beveridge, 30)? Here, a Senator presents a letter to the President calling for colonization of the East. In this letter, he states that the United States has a surplus of resources but not enough consumers. This lead big businesses in the United States to a search for a new market that would expand the range of steel and oil

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