Question

What are the features of the colonial economy?

Answer 1

1.) colonial economy was expire oriented as production was export for example production of cash crops and minerals
2.) it was exploited in nature that was exploited in South Africa for cash corps.....
3.) it went hand and hand with alienation of Africans
4.) colonial economy used forced labour....
5.) colonial economy was cash economy it was exchange in money term...
6.) it went together of high capital in opening of economy
7.) it included large and small scale production
8.) it went to introduction of tax, tax in colonial govt....
HOPE U UNDERSTAND........