Hi! could you please help me to give examples and provide an explanation regarding how COLONIALISM and IMPERIALISM have significant impacts on modern globalization?

Here are some references:

1. Colonization was the practice of invading another country and exploiting their natural resources for further production. Globalization is the practice of exploiting cheap labor to import cheaper and more efficient products.
2. Imperialism had an impact on the world because it created a new market for goods to be exchanged. Countries in Europe were able to acquire new natural resources and raw materials for further production. Then, these countries could sell their goods back to their colonies or elsewhere in the world.