Neo-imperialism

New Imperialism or Neo-imperialism was a period of colonial expansion by European powers, the United States, and Japan during the late 19th and early 20th centuries. The period is distinguished by an unprecedented pursuit of overseas territorial acquisitions. At the time, states focused on building their empires with new technological advances and developments, making their territory bigger through conquest, and exploiting their resources.

During the era of New Imperialism, the Western powers (and Japan) conquered almost all of Africa and parts of Asia. The new wave of imperialism reflected ongoing rivalries among the great powers, the economic desire for new resources and markets, and a "civilizing mission" ethos. Many of the colonies established during this era gained independence during the era of decolonization that followed World War II.

The qualifier "new" is used to differentiate between imperialism which generally refers to the first wave of European colonization between the 15th and early 19th centuries. In the first wave of colonization, European powers conquered and colonized the Americas and later established outposts in Africa and Asia.

The American Revolution (1775–83) and the collapse of the Spanish Empire in Latin America around 1820 ended the first era of European imperialism. Especially in Great Britain these revolutions helped show the deficiencies of mercantilism, the doctrine of economic competition for finite wealth which had supported earlier imperial expansion. In 1846, the Corn Laws were repealed and manufacturers gained, as the regulations enforced by the Corn Laws had slowed their businesses. With the repeal in place, the manufacturers were then able to trade more freely. Thus, Britain began to adopt the concept of free trade.

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