In 1917 Lenin’s work  “Imperialism, the Highest Stage of Capitalism” appeared, in which he affirmed that imperialism and colonialism were logical manifestations of a new phase of capitalism, that is, of monopoly and financial capitalism. The colonialism directly affects the social structure and economy of the country.

Many critics argue that imperialism is an outgrowth of capitalism. London: SAGE Publications Ltd, 2009. They grabbed what they could for the sake of what was to be got.". Colonialism implies making a domain, venturing into the neighboring districts and growing its strength far. Imperialism is a policy of extending a country’s power and influence through military force or diplomacy. Meaning of Colonialism 2. "Learn a Little about Tibet," Accessed Oct. 21, 2019. In addition, nationalism was increasing among conquered nations before World War I. Most of the time, the countries governing the power of the countries have the sole purpose of the exercise of power and giving the strong message their strength to the world, and it is not for the economic gains. 15 Dec. 2016. Features of Colonialism. Colonialism produced two main types of colonies: settler colonies and dependencies. "Imperialism: A Study," Accessed Oct. 21, 2019. The port of Shanghai had more exchanges than that of London. Colonialism is the practice of acquiring partial or full control over another country and exploiting it economically. For more preparation materials they can refer to the links given in the table below: Your email address will not be published. By making a contribution now you will allow us to continue growing and improving this web page, and we will be able to reach more people like you interested in knowing our collective history. It views economics as a “zero-sum” game in which there is a finite amount of riches in the world. This theory contends that for one to become richer, someone else must become poorer. U.S. Library of Congress. Colonialism and imperialism are frequently utilized conversely, yet they are two unique words having distinctive significance. Nature is nothing more than a resource to be exploited for the lowest price possible. It was full of internal contradictions. The word ‘imperialism’ is of Latin origin; it came from the word ‘imperium’ which means ‘command’ or ‘supreme power.’, The colonialism is the action time, which is subjected to the imperialism. […] Just the same, mining and consumption incentives for the textile industry were promoted. Her areas of interests include literature, language, linguistics and also food.

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