1. Africa
Assigned third-world economy status, dependent upon the world market, and caught amid social and political wars, Africa has not adapted well to the changes thrust upon it by colonial rule. ... A factor contributing to Africa's inability to manage itself effectively is the colonial economic system, which has been thrust prematurely upon Africa, and which has relegated the African economies to a peripheral third-world status within the world economy. ... The economy's reliance on the world market is an important economic effect of colonialism, as are the new social and demographic chan...
- Word Count: 917
- Approx Pages: 4
- Grade Level: Graduate