Like Roosevelt, and many European leaders, Wilson had also believed that imperialism was contributing to a higher, more pacific civilization by bringing not only capitalistindustry but also higher standards of morality and education to what had been barbarous regions.
If a venture capitalist remains interested in an industry after failing to strike a deal with one owner in that industry-perhaps because the parties could not agree on price-he may use the information he has acquired to identify and analyze other competing firms.