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What effect could the policy of raw materials and markets have on the local economy under colonial rule?
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Answer and explanation
Correct answer: Local economy could become dependent on foreign industries
Sending raw materials out and selling finished goods was a feature of colonial economy. For exams remember dependence and exploitation together.
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What is the correct answer to this question?
Local economy could become dependent on foreign industries
Why is this the correct answer?
Sending raw materials out and selling finished goods was a feature of colonial economy. For exams remember dependence and exploitation together.
Which subject and chapter does this question cover?
This is a Class 10 General Knowledge question. Chapter: World History. Topic: Colonization and Decolonization.
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