First World War and Russian Revolution (Updated) — Social Science STD 9 — Question

(1) England had established a vast empire in the 19th century and had monopoly of trade in Asia and Africa.
(2) Germany entered into trade competition by offering goods at cheaper rate than England.
(3) Thereby Germany shattered the trade monopoly of England (and France).
As a result, there was an intense economic competition (rivalry) between England and Germany.