Colonialism and Imperialism Are Similar Terms and Often Used Interchangeably

Colonialism and imperialism are similar terms and often used interchangeably. However, they are different in the following ways:

A) Imperialism ceased to exist as a policy by the nineteenth century and was replaced by colonialism
B) Colonialism refers to the process of a country taking physical control of another, and imperialism refers to political and monetary dominance, either formally or informally
C) Imperialism only referred to European countries interacting with African and Asian populations
D) Colonialism only existed in Africa
E) Imperialism only existed in Asia