How did industrialization create an imbalance in global wealth? (1 point)
Countries with desirable raw materials were powerful because industrialized countries relied on
them, causing them to become wealthy.
Demand for raw materials and markets fueled imperialism and resulted in colonies becoming
dependent on their colonizers, preventing them from industrializing.
The countries with industry needed labor, so they immigrated people from unindustrialized
countries and the reduced populations caused their economies to fall.
Eventually, industrialized countries ran out of raw materials and had to rely on the unindustrialized
countries for food.
All of the provided options can be considered valid points for explaining how industrialization created an imbalance in global wealth:
1. Countries with desirable raw materials were powerful because industrialized countries relied on them, causing them to become wealthy: Industrialization required a steady supply of raw materials such as coal, iron, and cotton. Countries that possessed these valuable resources (such as Britain, which had ample coal reserves) were able to establish strong industrial bases and accumulate wealth, while countries lacking these resources were at a disadvantage.
2. Demand for raw materials and markets fueled imperialism and resulted in colonies becoming dependent on their colonizers, preventing them from industrializing: Industrialized countries sought to secure access to raw materials and expand markets for their manufactured goods. This pursuit of economic dominance led to the colonization of many non-industrialized regions. The colonizers often extracted resources from these colonies while hindering their own industrial development, perpetuating an imbalance in wealth.
3. The countries with industry needed labor, so they immigrated people from unindustrialized countries, and the reduced populations caused their economies to fall: Industrialization required a significant labor force. In order to meet this demand, industrialized countries often imported workers from less industrialized regions, leading to population outflows and economic setbacks in those countries. This further contributed to the imbalance in wealth between industrialized and unindustrialized nations.
4. Eventually, industrialized countries ran out of raw materials and had to rely on the unindustrialized countries for food: As industrialized countries continued to progress, they experienced the depletion of certain natural resources, including agricultural land. This forced them to increasingly rely on the unindustrialized countries for food, reinforcing the economic dependence and imbalance in wealth between the two groups.