Globalization is called neo-colonialism, Give reasons.
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* Globalisation is called neo- Colonialism because it is a political and economic re-organization process.
* neo-colonialism is the another name of globalization.
* It prevents the development of other countries.
* It explains the tricks that means by which the world economic powers exploit and tap the resources of less developed countries.
* neo-colonialism represents imperialism.
* It refers to an ancient expression in which people expand their territory in another form.
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Reason for Globalization is called neo-colonialism:
- Neo-colonialism refers to the influence exerted on other foreign countries because of political, economic and cultural pressures.
- Globalization is also based on a similar concept.
- Neocolonialism is largely considered as the means opted by the developed countries to control the actions of the developed countries.
- This grew after World War 2 when countries like Britain were finding it difficult to retain control over their colonies so they liberated them. Yet they always had an economic grasp over those colonies which resulted in them exerting influence on those countries.
- Globalization is related to the transfer of cultures which is voluntarily but the darker side to it is referred to as neo-colonialism which shoves these cultures involuntarily.
Learn more about Globalization:
What is globalization
https://brainly.in/question/4653634
Positive and negative effects of globalization on economy
https://brainly.in/question/12499250
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