There was an instance economic competition between England and Ge…

Question

There was an instance economic competition between England and Germany.

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Answer

England has established its vast empire in Asia and Africa in the 19th Century by exploiting its colonies economically.
Due to industrialization and colonisation, Europe required a huge quantity of raw material.
In the last Quarter of the 19th century, Germany had started the competition to produce the markets in Asia and Africa.
It started supplying cheaper good in comparison to England and France.
It broke up the market of England and France.
Thus, there was an intense economic competition between Germany and England.

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