Imperialism can be a broad and vague term depending on how its used and can refer to any country that conquers Another Country and uses any of its resources. This could refer to something such as Alexander's conquests or even the U.S. acquisition of territories (though highly argumentative). Imperialism can cause drains on countries Natural Resources, inhibit freedom, and have drastic economic results such as poverty. Here's a quick source: http://en.wikipedia.org/wiki/Imperialism
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Imperialism and its partner, colonialism did great damage to under developed nations. Because of their power, the imperialists were able to exploit the workers in these nations and export the wealth of minerals these nations had. Later, these nations found themselves without the resources that the imperialists had stolen from them.
imperialism destroyed local traditions
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Russia recently invading Georgia Bosnia and Cosovo
What were the positive and negative effects of imperialism in Cuba?