neocolonialism definition

  • noun:
    • A policy whereby a major power uses economic and political means to perpetuate or extend its influence over underdeveloped nations or areas: "Strong elements of neocolonialism persist in the economic relations of the rich and poor countries” ( Scientific American).
    • The control or domination by a robust nation over weaker ones (especially former colonies) by way of economic pressure, governmental suppression and cultural dominance.
    • Control by a strong nation of the former colonies (or other less evolved countries) by economic pressures. In comparison to colonialism, by which one nation controls another area by military force.
    • control by a powerful country of the previous colonies (or other less developed countries) by financial pressures

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