What concept refers to a global economy in which multinational corporations exploit people in low-income nations?
A)colonialism
B)corporate slavery
C)neocolonialism
D)international bondage

Question

Quizplus · Accepted Answer

Neocolonialism refers to a situation where powerful nations or multinational corporations use their economic, political and military power to maintain control over low-income nations, often exploiting their resources and people for their own gain. This can involve the manipulation of labor markets, capital investment, and the exploitation of natural resources, among other things.

What Concept Refers to a Global Economy in Which Multinational