1.1   Scramble for Colonies

. Scramble for Colonies Capitalist Countries’ Race for Markets The aim of capitalistic industry was to produce more and more. The surplus wealth thus produced was used to build more factories, railways, steamships and other such undertakings. Revolution in the means of communication and transportation in the latter half of the nineteenth century facilitated the process of European expansion in Africa and other places. A striking feature of nineteenth century was that Europe emerged as the dominant power, while Asia and Africa were colonized and exploited. Within Europe, England held a pre-eminent position, as the world leader of capitalism. An ever-growing demand for markets and raw materials made the capitalist powers race around the world for expanding their empire for exploitation.