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Imperialism In Nigeria And Beginning of Paper The original quest for colonies, which began in the 17th century, was economically justified by the dominance of the mercantilist system. One of mercantilism's key assumptions was that a country could only become wealthy through the accumulation of gold stock. The only way to mainta .... Middle of Paper .... capital could be found all over the Earth. A second approach to the profit motive was somewhat similar to the supposedly out of favor mercantilist model. Leaders of industry and commerce wanted imperial possessions to be completely reliant on England for all manufactured goods. They believed that a market in which they had complete authority to block other imports would be a profitable market. These actions taken by the British were the start of Imperialism. Two countries that were immense economic profits for England were Africa and China .... 887 words | 4 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95