Which evaluates the economic dependence that occurred between imperial governments and their colonies?
The parasitic dependency of the colonies led to a reduction of economic power by European nations on a global scale.
Colonies that exported their natural resources became economically dependent on imperial governments and manufactured goods.
The collaborative relationship between colonies and imperial governments established an interdependence that stifled economic growth.
Imperial governments based their economic power on the agricultural supplies that could be extracted from colonies.
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The concept that evaluates the economic dependence between imperial governments and their colonies is known as "economic imperialism." Economic imperialism refers to the relationship where imperial governments exploit the resources of their colonies for their own economic benefit. This exploitation leads to a reduction in the economic power of the colonized nations and a strengthening of the economic power of the imperial nations on a global scale.
To understand this concept, you can examine the parasitic dependency of colonies on imperial governments. Colonies, often rich in natural resources, relied on these resources as their primary means of generating income. However, instead of utilizing these resources for their own economic growth and development, colonies exported them to imperial nations. This export of natural resources created an economic dependence of the colonies on the imperial governments, as they became reliant on the income generated from the export of these resources.
Additionally, the colonies also became dependent on manufactured goods produced by the imperial nations. As the colonial economies focused on exporting natural resources, they had less capacity to develop their own manufacturing industries. This led to a situation where the colonies had to rely on the import of manufactured goods from the imperial nations. This further enhanced the economic control of the imperial governments over the colonies.
Furthermore, this economic relationship established an interdependence that stifled economic growth in the colonies. By relying on the imperial governments for their economic needs, the colonies had limited opportunities to develop their own industries and diversify their economies. This lack of economic diversification and self-sufficiency hindered their ability to achieve sustainable economic growth.
Lastly, imperial governments often based their economic power on the agricultural supplies that could be extracted from the colonies. They set up plantations and established systems where the colonies produced cash crops or other valuable agricultural products that fueled the economies of the imperial nations. This further solidified the economic dependency of the colonies on the imperial governments, as they became crucial suppliers of agricultural resources.
In summary, economic imperialism evaluates the economic dependence that occurs between imperial governments and their colonies. This dependency arises from the exploitation of the colonies' natural resources and their reliance on manufactured goods from the imperial nations. The interdependence established by this relationship restricts the economic growth of the colonies and strengthens the economic power of the imperial nations.