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Colonialism's core meaning is the exploitation of the valuable assets and supplies of the nation that was conquered and the conquering nation then gaining the benefits from the spoils of the war. [139]: 170–75 The meaning of imperialism is to create an empire, by conquering the other state's lands and therefore increasing its own dominance ...
The term first appeared in the 1580s in the English language to describe the process of colonization before being also used to refer to a colony by the 1610s. By the 1710s, the word was also being used to describe large farms where cash crop goods were produced, typically in tropical regions. [1]
However, the English, French and Dutch were no more averse to making a profit than the Spanish and Portuguese, and whilst their areas of settlement in the Americas proved to be devoid of the precious metals found by the Spanish, trade in other commodities and products that could be sold at a massive profit in Europe provided another reason for ...
A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand. The concept was originally created by Julius Herman Boeke to describe the coexistence of modern and traditional economic sectors in a colonial economy.
Colonization (British English: colonisation) is a process of establishing occupation of or control over foreign territories or peoples for the purpose of cultivation, exploitation, trade and possibly settlement, setting up coloniality and often colonies, commonly pursued and maintained by, but distinct from, imperialism, mercantilism, or colonialism.
In discussions of the meaning of the term subaltern in the work of Gramsci, Spivak said that he used the word as a synonym for the proletariat (a code word to deceive the prison censor to allow his manuscripts out the prison), [5] but contemporary evidence indicates that the term was a novel concept in Gramsci's political theory. [6]
Moral economy is a way of viewing economic activity in terms of its moral, rather than material, aspects. The concept was developed in 1971 by British Marxist social historian and political activist E. P. Thompson in his essay, "The Moral Economy of the English Crowd in the Eighteenth Century".
Early English colonies were often proprietary colonies, usually established and administered by companies under charters granted by the monarch. The first "royal colony" was the Colony of Virginia, after 1624, when the Crown of the Kingdom of England revoked the royal charter it had granted to the Virginia Company and assumed control of the administration.