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Essay / Research Paper Abstract
Africa’s Tropical Agricultural Products and its Response to Increased European Demand Before the Great Depression of 1929: In twelve pages this paper examines Africa’s important export industry of tropical agricultural products and considers how its countries responded to the increased demand by European nations prior to 1929’s Great Depression. Five sources are listed in the bibliography.
Page Count:
12 pages (~225 words per page)
File: TG15_TGafriprod.rtf
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Unformatted sample text from the term paper:
to the nineteenth century, it was virtually ignored by Europe. However, as European nations began actively competing with each other for global markets, Great Britain, France, Germany, and the
Netherlands in particular began taking a huge interest in the heavily populated African countries. These nations colonialist and imperialist territorial occupation of these countries was largely driven by capitalism
and a desire to maximize profits. As time passed and the European investment in Africa expanded significantly (in terms of both monetary and human capital), the nations began exploiting
the regions natural resources and agriculture to satisfy their needs. By the end of the nineteenth century and well into the twentieth century prior to the Great Depression of
1929 - which had devastating effects worldwide - the demand for Africas tropical agricultural products had increased substantially. The African responses to these demands were, for the most parts,
not the result of independent decisions, but were dictated by the European imperialist agenda. The abundant tropical agricultural products that became most sought after were timber, rubber, cocoa, coffee, peanuts,
and palm oil (Falola, 2002). Initially, except in areas with large concentrations of European settlers, Africans had been in charge of agricultural production (Falola, 2002). Tropical production was
guaranteed by the promise of cash payments, which forced millions of peasant farmers to produce and to sell to the Europeans in order to receive cash for their crops (Falola,
2002). Foreign companies, nearly exclusively from Europe, stood to make huge profits from agricultural product exporting (Falola, 2002). As the number of European nations became involved in the
purchasing and price regulation of these crops, surpluses could be amassed by underpaying the hard-working African farm laborers. The consequences for emphasizing these crops dramatically reduced the availability of
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