(i) Imperialism was the ill-begotten child of industrialization.
(ii) Industrialization chiefly needed two things One of them being the constant supply of raw materials and the other is that the finished goods be sold at the same speed,
(iii) The industrialized countries had introduced heavy import duties as protective tariffs to check the import from other countries,
(iv) Faced with the problem of finding new markets for their products the 'producer nations chose' such countries where industrialization had not yet reached.
(v) Hence a race for brings those areas under their effective occupation or effective influence started among the various industrialized nation.
(vi) As a consequence, Britain France Germany Germany and Japan etc set up their colonies in Asia, Africa, and South America, etc.
(vii) Hence a race for bringing those areas under their effective Occupation or effective influence started among the various industrialized nations.
