what were the ways to develop the economy of colonies according to the Paul Bernard
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Economy could be developed in given ways:
*Industrialisation must be done to create more jobs
*Land reforms must be carried out to curb poverty and increase agricultural productivity
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Bernard was a writer and an eminent policy maker. He firmly believed that economy of the colonies should be developed and argued that purpose of acquiring colonies was to make profit. If the economy was developed and standard of living of the people improved, they would buy more goods. As a consequence, the market would expand, leading to better profits for the French business.
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