commercial colonialism
The practice of outsourcing jobs to cut costs
commercial colonialism
commercial colonialism
commercial colonialism
commercial colonialism
commercial colonialism
they relied heavily on the foreign exports of rice and tobacco.
they relied heavily on the foreign exports of rice and tobacco.
Imperialism
Imperialism
it manufactured by the high tariff barrios on foreign imports
The practice you are referring to is known as mercantilism. Mercantilism was a prevalent economic theory in the 16th to 18th centuries that focused on maximizing exports to accumulate wealth and power for the state. It often involved using colonies as sources for raw materials and markets for finished goods, while also maintaining strict government control over trade and resources.