The newly industrialized European nations actively encouraged industrialization in their colonies, such as the British did in India, believing that more production would reduce the cost of goods, thus satisfying domestic consumers.

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European colonial powers, including Britain in India, generally discouraged industrialization in their colonies to maintain them as markets for their manufactured goods and sources of raw materials, rather than developing them into industrial competitors.

The Newly Industrialized European Nations Actively Encouraged Industrialization in Their