Explained

Have you ever wondered why African countries are still underdeveloped or developing. Most of the former colonies still lag behind in technological development and their economies are not yet mature. So, we'll try to understand the post-colonial world economic system from Marxist perspective. First will try to understand what is colonialism ? The policy of acquiring political control of a country and exploiting it in such a way that it completely alters the economic structure of that country and destroys its industries, manufacturing and trading sector and the country remains only the supplier of raw material with all other sectors disabled. How the sectors were destroyed is a topic of discussion for another article. Explaining briefly, the colonizers used to gain the political control of the colony, procure the raw materials from the territory and send it to their country to manufacture finished goods while barring the entry of all other European traders into their colony for tradi