meaning of colonial market
Answers
Answer:
Colonial means relating to countries that are colonies, or to colonialism. ... People who have lived for a long time in a colony but who belong to the colonizing country are sometimes referred to as colonials.
Explanation:
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COLONIAL MARKET :
trade between the imperialist states and the colonial and dependent countries; one of the forms of exploitation of the latter. ... Under these conditions, the chief components of colonial trade were the slave trade and the sale of poor-quality wares at high prices in the colonies.
COLONIAL ECONOMY :
Refers to the economic system formulated by the British to draw upon the natural resources of the Indian Subcontinent. Learn more in: Exploring Landscapes in Regional Convergence: Environment and Sustainable Development in South Asia.