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What is Colonialism about?

The document outlines three stages of colonialism: 1) The first stage involved monopoly trade and revenue appropriation, with direct seizure of colonial surplus through trade and taxation. Few socioeconomic changes were made in colonies. 2) The second stage saw foreign investment and international competition for colonies. Industrial interests in metropolises demanded new forms of surplus extraction from colonies to serve capitalist needs and export manufactured goods. 3) The third stage involved furthe

Author

vikram_bhawani

Language

EN