Why was economic most responsible for the new imperialism in nineteenth snd early twentieth century

I would say that industrialization was the economic force that had the most to do with this new wave of imperialism.  It made imperialism both more possible and more necessary.Imperialism became more possible as things like steamships and the telegraph made long distance travel and communication easier and faster.Imperialism became more necessary as countries sought new markets for the goods that they could now create in abundance and as they sought new sources...

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