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Colonialism and Economic Disparities
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What is a primary economic impact of colonialism on colonized nations?

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A

Increased wealth for local populations

B

Development of local industries

C

Exploitation of resources for the benefit of the colonizers

D

Establishment of equal trade relations

Understanding the Answer

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Answer

One primary economic impact of colonialism on colonized nations is the extraction of resources. Colonizers often took valuable natural resources, like minerals, crops, and timber, back to their home countries, leaving the local economies weakened. This meant that the colonized nations became dependent on the colonizers for goods and services, which stunted their own economic growth. For example, in India, British colonization led to the export of raw materials like cotton, while local industries were neglected. As a result, these nations struggled to develop their economies independently after gaining independence, leading to long-lasting economic disparities.

Detailed Explanation

Colonialism often meant that colonizers took valuable resources from the colonized lands. Other options are incorrect because Some might think that local people became wealthier; It's a common belief that colonialism helped build local industries.

Key Concepts

colonialism
Topic

Colonialism and Economic Disparities

Difficulty

easy level question

Cognitive Level

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