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 exploit the economy of a poor country.
D)companies operate in many countries at one time.

Question

Quizplus · Accepted Answer

Neocolonialism refers to the economic, political, and social control exerted by former colonial powers, foreign corporations, and global financial institutions over developing countries. This control often involves exploitation of natural resources and labor, unequal trade relations, and the maintenance of a dependent or subservient relationship between the powerful and the powerless. Multinational corporations, in particular, are often implicated in the perpetuation of neocolonialism through their domination of markets and resources in developing countries.

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