Multinational corporations invested heavily in the former colonies,resulting in
A)the siphoning off of wealth in the form of raw materials
B)low-paying jobs for the poor people
C)higher paying jobs in the rich countries
D)selling back manufactured goods to the poor countries
E)all of these choices

Question

Quizplus · Accepted Answer

Multinational corporations invested in the former colonies in order to extract raw materials and pay low wages to the local population, which siphoned off wealth from those countries. They then sold back manufactured goods to those same countries at higher prices, generating profit for the corporations and contributing to a cycle of economic dependency. Therefore, all of these choices are accurate.

Multinational Corporations Invested Heavily in the Former Colonies,resulting in