Although African countries are politically independent nations, economically they are still following the colonial relationship
of the past, providing raw materials and few finished goods. The statement above is most closely related to which of the following theories of economic and social development?
A. the Genuine Progress Indicator
B. Neocolonialism
C. The Human Development Index
D. Walt Rostow's Modernization Model
The statement above is most closely related to
neocolonialism.
Neocolonialism<span>, </span>neo-colonialism<span> or
neo-imperialism is the geopolitical practice of using capitalism, business
globalization, and cultural imperialism to influence a country, in lieu of
either direct military control (imperialism) or indirect political control
(hegemony).</span>
The correct answer between all
the choices given is the second choice or letter B. I am hoping that this
answer has satisfied your query and it will be able to help you in your
endeavor, and if you would like, feel free to ask another question.
Even still, the revolution marked the end of a dynasty that had lasted 300 years and concluded with the seizure of power by a small revolutionary group. The tsar was replaced with a Council of People's Commissars and private ownership was abolished.