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Class 10General KnowledgeWorld HistoryColonization and DecolonizationExpert
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How could colonial credit systems keep peasants in dependence?

Answer and explanation

Correct answer: By trapping them in cycles of debt interest and cash crop pressure

Debt and tax could make peasants dependent on market and moneylenders. For exams remember rural indebtedness.

Related tags

Colonial-CreditPeasant-DebtCash-CropsColonization And DecolonizationWorld HistoryGeneral KnowledgeClass 10 Mcq
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10 more MCQs
  1. 1What is the simple meaning of colonization?
  2. 2What does decolonization mean?
  3. 3Why did European powers build many colonies?
  4. 4Which European power ruled India as a colony for a long time?
  5. 5The East India Company was mainly a company of which country?
  6. 6The need for raw materials was which type of cause of colonialism?
  7. 7Under colonial rule who generally controlled local people?
  8. 8Which economic benefit did European countries get from colonies?
  9. 9Which European country had major early colonial influence in many parts of the Americas?
  10. 10Which European country had major colonial influence over Brazil?
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