modern-history-british20-101
Which of the following best describes ‘colonial surplus’?
Solution
Colonial surplus refers to wealth extracted from colonies for the benefit of the colonial power.
More from drain-of-wealth
Which of the following factors ensured India's economic dependence?I. Colonial trade policiesII. Drain of wealthIII. Lack of industrial…
modern-history Medium
Which of the following best explains the link between colonialism and underdevelopment?
modern-history Medium
Which of the following best explains colonial economic policies?
modern-history Medium
Which of the following conclusions can be drawn about colonial economic impact?
modern-history Medium