The right answer is "economic imperialism".
The explanation for this is that there was an economic motive for the British occupation of Egypt.
The British Empire decided to occupy Egypt, in 1882, then submitted to the Ottoman Empire, for two reasons: one strategic and the other economic. The strategic point is that the Suez Canal, which opened in 1869, an important passage linking the eastern oceans to the Mediterranean Sea, was the economic motive that Egypt was the largest producer of cotton in the world, an essential raw material for industry English textile, the most modern of the time. This dual importance of Egypt is what explains why Britain remained there for 72 years, until the Nasserist movement put an end to its rule.
The option (D) is correct. The British takeover of Egypt was an example of economic imperialism.
Further Explanation:
Economics imperialism:
Economic imperialism is a practice where a country uses capitalization, globalization for increasing its influence in a developing country. The ordinary practice of colonization is not effective in the case of developed countries where direct military enforcement could help in attaining the authority. Under economic imperialism, a country uses other parameters such as capitalism and solubilization to interfere in the affairs of a country. Economic imperialism occurs when a country has economic leverage over another country.
Economics imperialism in Egypt:
Egypt had borrowed a lot of loan from the European countries for their cotton business and internal improvement. In 1876, Egypt was not able to repay the loan, and it was at the verge of bankruptcy. Therefore, European countries established an agency called “Caisse de la Dette” for the debt repayment. This agency started controlling all the economic activities of Egypt.
In 1881, the head of the Egyptian military started a revolt against the foreign powers. As a result, the British government established an army in the Egypt soil and replaced the military officials of Egypt by the British officials. Gradually, Britain was able to control every aspect of life in Egypt and took over Egypt.
Thus, the British used economic imperialism to take over Egypt.
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Answer details:
Grade: Middle School
Subject: History
Chapter: Colonialism
Keywords: British, takeover, Egypt, example, British, expansionism, industrialization, colonization, economic imperialism.
