Social Sciences, asked by sunandaniranja, 11 months ago

How did colonialism lead to economic inequalities in the world

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Answered by Sumanmi
1

the colonialism is the process by which a powerful country dominated a weaker country to fulfill their industrial and market needs. these colonies served cheap exports to the powerful nations and acted as a market for the finished goods. Usually the colonies never got a proportional profit in the business policies of these powerful nations. As a result while these powerful countries became more rich and industrialised, the colonies remained poor and undeveloped.This lead to economic inequality in the world

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