What does this mean?
A colony is part of an empire and so colonialism is closely related to imperialism. Colonialism is based on an imperial outlook, thereby creating a consequential relationship between the two. Through an empire, colonialism is established and capitalism is expanded, on the other hand a capitalist economy naturally enforces an empire.
1 answer
Imperialist countries establish colonies, which are part of their empire. The imperialists take raw materials and manufactured goods from the colonies and sell them. Those profits encourage the imperialists to establish more colonies