In 3-5 sentences, make a connection between industrialization in Europe and renewed European efforts at colonization, including two elements of change.

Industrialization in Europe led to increased production capacities, improved transportation networks, and advancements in technology. These changes, along with the growing demand for raw materials and new markets for finished products, fueled renewed European efforts at colonization. The first element of change was the desire to secure access to abundant natural resources in colonized territories, such as rubber, spices, and precious metals, to feed the booming industries. The second element of change was the need for new markets to sell manufactured goods, as European industries experienced overproduction due to increased efficiency and productivity.