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"Imperial Overreach" Refers to a Process by Which a Declining

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"Imperial overreach" refers to a process by which a declining hegemon switches its emphasis from investment in manufacturing, trade and political legitimacy to investment in military power and financial services. This description was applied Britain during the 19ᵗʰ century. Discuss to what extent this can also be applied to the United States during its hegemonic trajectory.

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Imperial overreach can certainly be appl...

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