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Open shaft diamond mining, South Africa…significance
The use of cheap labor reduced the cost of extracting reasources for the colonial powers and make the process more profitable
Open shaft diamond mining, South Africa..significance2
Ecomonic dominance granted to the European empire to outcompete other nations by offering lower prices for reasources
Open shaft diamond mining, South Africa…evidence
Use of Africans as a cheap source of labor and extracting natureal reasources of profit
expansion of foreign trade…evidence
The British east India company was a powerful trading company created in 1600 through black market and monopoly.
expansion of foreign trade…significance
The desire to make money expanded the European empire by controlling colonies of indian trade, bringing them profit which then allowed them ton create new markets to sell their products to a larger audience…led to wealth transfer
Desire to make money…evidence
The BEIC trade with china created significant impacts to population of china with addiction of opium
The desire to make money…significance
Due to careless actions of the British authorities, it shows that they were just driven by the desire to make profit bee if it caused negative social Change to china