How do colonialism and economic imperialism differ?

Imperialism and colonialism are terms that are often used in many ways and perhaps for this same reason, often used interchangeably. These are concepts that can be difficult to define, but it is important to understand that they do not mean the same thing.

Imperialism is defined as the policy or tendency of a nation to extend its control over other states. It is exercised politically, socially and economically. The imperialist nations extend their control, power and their rules. They control the political and economic life of other nations. The concept of imperialism is much broader than that of colonialism. It can be exercised formally, informally, directly or indirectly. Informal imperialism can be achieved through various methods, such as; not allowing weaker states to achieve or maintain their independence or by reducing their sovereignty.

Colonialism can be defined as a product of imperialism and is commonly associated with the formal control exerted by a nation over a weak state (colony), from which resources are exploited; that is, a nation takes over a territory or State and the resources it possesses. Colonialism refers to the action of governing a territory. Unlike imperialism, it is about extending control more and more. When it is colonized, it is sought that the colony becomes dependent on who dominates it and the natives of said colony are subdued or displaced. Colonization is one of the ways in which imperialism operates.

workers of lowell mills were greatly benefited for the waltham type of work which was more a paternalist kind, trying to protect the integrity of this little girls coming from small farmers and providing an adequate place of work, this in an effort to avoid the issues of bad place conditions and immorality that the people in bigger industrialized cities of great britain were experimenting.