The major factor in the push by Europe (and the United States) for new overseas colonies in the latenineteenth century was which of the following?

Question

Quizplus · Accepted Answer

The major factor behind European and American colonization in the late nineteenth century was excess capital that needed investment outlets abroad. Many European and American capitalists had accumulated large sums of wealth and had limited outlets for investment within their own countries. Colonization offered new opportunities for investment and profit-making, particularly in the form of the exploitation of natural resources and the establishment of new markets for European and American goods.

The Major Factor in the Push by Europe (And the United