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How did their status as colonies of European powers have an effect on the development of many less developed countries?
Wiki User
∙ 9y ago
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
Wiki User
∙ 9y ago
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Which of these economic systems developed as European countries began establishing overseas colonies?
mercantilism
How did mercantilism contribute to european colonization in north America?
1- The colonies offered political freedoms not found in European countries. 2- European countries could sell colonial goods in Asia. 3- Colonies provided manufactured goods for European countries. 4- Colonies provided cheap raw materials for European nationa.
During what period of colonization developed countries did what?
Extracted resources from their colonies
Why were the IMF and the World Bank established after World War 2?
prior to world war 2, the world had been colonised by European countries. Europe then controlled about 85% of the worlds land surface. after ww2, their economies and infrastructure were decimated and so they withdrew from nearly all of their colonies and granted them independence in what was called 'decolonisation'. the only problem was that these former colonies didn't have any of the means to support their own development because during their years under colonial rule they were exploited for their natural resources and hadn't developed their own industries. this meant that these countries just kept getting poorer and poorer. the world bank and imf were est after ww2 to give these countries the money they needed for their own development.
What was the mercantilism system?
The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.
Increasing trade between European countries and their colonies contributed to the development of?
capitalism
Which of these economic systems developed as European countries began establishing overseas colonies?
mercantilism
How many European countries held African colonies by 1914?
7 European Countries were held African colonies by 1914.
Which European countries had colonies in the Americas?
britian
What European countries establishment major colonies in the area of the US?
Spain, England and France were the European countries that established major colonies in the United States.
Why did the US want to prevent European colonies in the Americas?
to prevent European countries from regaining colonies in Latin America
How did mercantilism contribute to european colonization in north America?
1- The colonies offered political freedoms not found in European countries. 2- European countries could sell colonial goods in Asia. 3- Colonies provided manufactured goods for European countries. 4- Colonies provided cheap raw materials for European nationa.
Why was it important for Europe's countries to have colonies?
European countries were battling for land, power, resources, etc., which meant they needed colonies.
Why did European countries found colonies?
European countries founded colonies because they wanted the New World's land for resources such as gold and fur. They also wanted to expand their empire.
How did European countries attempt to use their colonies for postwar reconstruction?
They heavily taxed Africans living in colonies to support European industries.
Why didnt European countries fight for their African colonies?
Post war countries were weakened.
During the period of colonization developed countries did what?
Extracted resources from their colonies
