Question

A short note on
colonialism​

Answer 1

⠀⠀ ⠀ ⠀⠀ $\huge{\tt{\red{❥}\green{A}\purple{N}\pink{S}\blue{W}\orange{E}\red{R}}}$Colonialism occurs when a country or a nation takes control of other lands, regions, or territories outside of its borders (boundaries of the country) by turning those other lands, regions, or territories into a colony. ... Some countries use colonialism to get more land for their people to live in.

Answer 2

Answer:

The word colonialism is very much related to foreign domination and thereby it indicates that the country is considered as a colony of a ruling foreign country. The economy of such colony is regulated and controlled by the ruling country in such a way that it broadly serves the interest of the ruling foreign country through its domination.

Obviously, this would result a backward development character of the colonial economy leading to its underdevelopment.

The system of colonialism had its origin mostly from British imperialism. Thus the word colonialism refers to a system of political, economic and social relations between two such countries, i.e., the ruler country and its colony. In this system, the ruling country has its sole control over political set up of its colony and has the ultimate authority to determine the economic policies of the subjugated country.

Thus the people of this colony cannot take any independent decision and initiative on economic matters like utilisation of its resources, agricultural and industrial development, foreign trade relations, tax structure, infrastructural development etc.

The economic policy formulated by the Government of such colonies normally serves the interest of the rulers and thereby it retards the development process of such colonies. Usually, in a colonial set up, the ruler country tied by their economy with that of the colonial economy over a period of time so as to make them complementary to each other.

The long history of colonies of Western imperialist countries have continued their exploitation over colonies either through the policy of persuasion or through the policy of deceit and thereby continued to appropriate the economic surplus of their colonies smoothly for the industrial development of their parent country.

Explanation: