Extending the ideas of neocolonialism, wealthy nations now use _________________ to control poorer nations.

Question

Quizplus · Accepted Answer

Multinational corporations are large businesses that operate across multiple countries and are often based in wealthy nations. These corporations wield significant economic power and can exert control over poorer nations through their operations and investments. This can lead to exploitation and dependency on these corporations, as well as the loss of local control over resources and markets. This is an extension of neocolonialism, where wealthy nations use economic and political power to maintain dominance over poorer nations.

Extending the Ideas of Neocolonialism, Wealthy Nations Now Use _________________