The concept of "neocolonialism" refers to the process by which
A)countries gain new colonies to replace older ones.
B)countries rid themselves of former colonies.
C)multinational corporations dominate the economy of a poor country.
D)companies operate in many countries at one time.

Question

Quizplus · Accepted Answer

Neocolonialism refers to a situation where wealthy, developed countries or multinational corporations use their economic power to control and exploit poorer countries. This often involves dominating their economies, exploiting their resources and labor, and maintaining political and social control. It differs from traditional colonialism because it does not involve direct political control over a territory, but rather economic domination. Therefore, option C is the best choice.

The Concept of "Neocolonialism" Refers to the Process by Which