commercial colonialism
The practice of outsourcing jobs to cut costs
commercial colonialism
commercial colonialism
commercial colonialism
commercial colonialism
commercial colonialism
It is called mercantilism. Mercantilism is an economic system where a country seeks to maintain a positive balance of trade by controlling imports and exports, building a strong military force, and supporting local rulers who can help achieve economic goals.
The practice of controlling a country's foreign trade is known as trade regulation or trade control. This involves implementing policies and measures, such as tariffs, quotas, and trade agreements, to manage the flow of goods and services across borders. Governments may use trade control to protect domestic industries, promote exports, or achieve economic and political objectives. Such practices can significantly influence a nation's economy and international relations.
they relied heavily on the foreign exports of rice and tobacco.
they relied heavily on the foreign exports of rice and tobacco.
Imperialism
Imperialism