modern-history-british20-063
Which among the following best reflects the concept of ‘colonial economy’?
Solution
A colonial economy is structured to serve the interests of the colonial power rather than the colony itself, which is accurately reflected in option B.
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