How does colonialism contribute to the ongoing economic disparities seen in developing countries today?

Colonialism refers to the period when powerful countries took control of other regions, often exploiting their resources and people. This led to the establishment of economies that primarily benefited the colonizers, leaving the colonized countries with weak infrastructures and limited skills. For example, in many African nations, colonial powers focused on extracting valuable resources like gold and diamonds, neglecting education and local industries. As a result, after gaining independence, these countries struggled to build strong economies because they lacked the necessary tools and knowledge. Today, the effects of this exploitation still linger, contributing to ongoing economic disparities between developing and developed nations.