What was the condition of colonial economy in Vietnam? Explain.
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Colonial economy in vietnam skyrocketed as the french developed the canals and irrigating systems in vietnam that increased the production of rice and rubber. Soon vietnsm became exporting rice and rubber to the international market and become one of the largest rice producing country in the world.
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Answer: 1) It was based on rice cultivation and rubber plantation owned by the French and a small Vietnamese elite.
2) Rail and port facilities were set up to service Vietnamese sector.
3) Vietnamese labour was widely used in the rubber plantations.
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