Answer:
capital
Explanation:
when money is available it is easy to develop the world and when people are poor it will be dificult to develop the world
All decisions involve trade-offs. Trade offs are the alternatives one gives up whenever one chooses one course of action leaving out out all other alternative courses of action.
Trade-offs are practically found in all economic decisions. For instance, when one chooses to take a special cup of cappuccino for $330, this excludes spending this amount of cash on tea or fruit juice. When you choose to buy an expensive piece of art, you will have to spend more money towards maintenance and security of the painting. If you decide to work in a far-off city due to better pay there, you spend less time with family and friends in your hometown.
<u>Colonial:</u> Colonialism is a type of policy where control by one power or nation over another country as well as dependent area. Generally, the aim is related to economic dominant of colonized country
<u>Socio-cultural imperialism:</u> Socio-cultural imperialism related to culture. They imposed their culture to non- dominance country through economically or politically.
<u>Economic imperialism: </u>A situation where dominating country has lots of economic power over non-dominance country or area.
<u>Similarities: </u>These all are affected non-dominance country. Colonialism and imperialism both means domination in political and economic over other country or area.
<u>Difference: </u>The major difference is colonialism means complete control over the other country but imperialism means formally or informally control over other country