Members: Ian M, Shanan S, Chris C.

Our chapter is about Imperialism and WWI. Imperialism increased competition and tension among a number of European countries. Imperialism was one factor that contributed to the rivalry in Europe. England, Germany, and France needed foreign markets after the increase in manufacturing caused by the Industrial Revolution.
Capitalism, some speculate, led to imperialism which in turn led to the start of World War One. According to Vladimir Lenin, imperialism was the "highest form of capitalism." Over the course of our research, we will investigate the effects that imperialism had on the world economy, how WWI and imperialism relate to one another, and the effect of WWI on the global economy.
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World War 1
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Imperialism

Imperialism: The policy of extending a nation's authority by territorial acquisition or by the establishment of economic and political control over other nations.
Capitalism: An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.

Capitalism/Imperialism → WW1 → The Great Depression

Imperialism and capitalism were two crucial causes of the first world war. Then, the world war took such a toll on the world economy, thus causing the Great Depression.

Essential Questions:
What effects did imperialism have on the world economy?
How do imperialism and WWI relate to one another?
How did WWI effect the global economy?