What was the nature of Colonial economy in Vietnam?
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The colonial economy in Vietnam was, primarily based on rice cultivation and rubber plantations owned by the French and a small Vietnamese elite.
Rail and port facilities were set up to service this sector. Indentured Vietnamese labour was widely used in the rubber plantations.
The French did little to industrialise the economy.
In the rural areas landlordism spread and the standard of living declined.
Rail and port facilities were set up to service this sector. Indentured Vietnamese labour was widely used in the rubber plantations.
The French did little to industrialise the economy.
In the rural areas landlordism spread and the standard of living declined.
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1. Like provincial strategy of other majestic forces the French additionally exposed the Vietnamese economy to enthusiasm of the country. Vietnam needed to gracefully its regular assets and other fundamental products to France on their standing.
2. Presumably the French took up immense water system works and constructed waterways, yet for the most part with constrained work comprising of Vietnamese individuals.
3. Expanded ascent was meant to send out rice to the worldwide market to make benefit. Pioneer economy of Vietnam was fundamentally founded on rice development and elastic ranch.
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