Which of the following best explains the major difference between economic imperialism and colonialism?
A. Unlike colonialism, economic imperialism does not require a country to take direct control over a territory.
B. Unlike colonialism, economic imperialism allows a country to dominate a territory thousands of miles away.
C. Unlike colonialism, economic imperialism can be used by countries practicing both communism and capitalism.
D. Unlike colonialism, economic imperialism brings some economic benefits from one country to another territory.
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alepou | Student, Undergraduate | (Level 1) Salutatorian
Posted January 3, 2012 at 1:23 PM via web
What are the similarities and differences between the terms "colonialism" and "imperialisim"
These two terms have a great deal in common, but also have real differences. Both of them refer to the practice of one country dominating another. In both, the dominant country has political and economic control of the country or region that it is dominating. In this sense, the two are very much the same thing.
The main difference is that colonialism generally refers to a situation in which a large number of people from the dominant country move to the dominated country. This was, for example, the situation with British colonization of what is now the United States. By contrast, when the United States took possession of the Philippines, it was much more of an example of imperialism because there was no large movement of Americans going to the Philippines to make their fortunes there.