Write a short note. Economic Nationalism - History

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Short Note

Write a short note.

Economic Nationalism

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Solution

The rise of ‘Economic Nationalism’ was an outcome of the industrial revolution. Arresting the economic growth of rival nations along with fervently pursuing the economic growth of one’s own nation became very important. It became important to devise ways to put economic restrictions on the rival country. Measures such as prohibiting the import-export transactions of other countries, levying heavy tolls on their goods, establishing colonies mainly in the Asian and African countries, if need be, fighting battles with the natives of the colonies were part of economic nationalism.

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Chapter 1: Renaissance in Europe and Development of Science - Write short notes

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SCERT Maharashtra Question Bank 12th Standard HSC History Maharashtra State Board
Chapter 1 Renaissance in Europe and Development of Science
Write short notes | Q 4 A] 3.
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