Economic Control

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August 31, 2024 5 min read Definitions

Economic Imperialism: The Domination of Economies

Economics History Imperialism Globalization Multinational Corporations Economic Control Colonization

Economic Imperialism refers to the domination of the economies of colonies by their rulers, or of politically independent countries by foreign or multinational companies. This phenomenon influences global trade, development, and political stability.

August 31, 2024 4 min read Definitions

Neocolonialism: The Modern Form of Control

Economics Political Science Neocolonialism Colonialism Economic Control Political Influence Cultural Hegemony

Neocolonialism refers to the use of economic, political, and cultural pressures to control or influence countries, especially former colonies. This modern form of control often leads to significant political and economic ramifications for the influenced nations.