"We, the sugarcane planters of the Hawaiian Islands, petition for a treaty of commercial reciprocity with the United States. Under this agreement, our sugar would enter American markets free of import duties, and in return, American manufactured goods would enter Hawaii duty-free. This arrangement will bind our island's economy to the United States and secure American capital for our plantations, ensuring our mutual prosperity."
—Petition of Hawaiian sugarcane planters to the United States government, 1874
The commercial agreement proposed in the petition is best understood as an example of which of the following nineteenth-century developments?
- The growth of economic imperialism through foreign trade and investmentCevap
- BThe establishment of direct colonial administration over the Hawaiian Islands
- CThe revival of early modern mercantilist trade policies
- DThe transition to state-planned industrial factories in East Asia
Cevap
The growth of economic imperialism through foreign trade and investment
The correct answer is correct because the reciprocity treaty described in the petition is a classic example of economic imperialism. Through trade concessions and capital investment, a foreign power (the United States) gained substantial influence over Hawaii's economy and politics without establishing direct administrative rule at that time.
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Anahtar Kavram
Economic Imperialism