Why did industrialized countries take over other global territories?

Factory owners in the industrialized nations needed natural resources of other countries. To keep the factories running, they needed coal, iron, gold, silver, tin, copper rubber and cotton. They could get these from colonies.

Explanation:

nationalization is the set of dispositions and operations by means of which the state assumes, in varied form, the administration of private companies, of groups of companies or of the totality of certain economic sectors previously managed by individuals, such as the land portions. nationalization is the opposite of privatization. it is also called nationalization of the means of production, although a nationalized company can be previously both national and foreign ownership. nationalization or nationalization is a very characteristic action of ideologies such as socialism and nationalism.