Features of the Colonial Economic System in West Africa

FEATURES OF THE COLONIAL ECONOMIC SYSTEM IN NIGERIA. INTRODUCTION No line of business of the compound chronicle of Africa has attracted as much scholarly vigilance as the nature of the compound economy. Discourses on colonial history have been approached from twain primary perspectives: y come onhfulization possibleness and governmental economy. For many years, perspectives grounded on the modernisation supposition dominated the literary works on the colonial economy of Africa. The modernization theory was typically an approach taken by many European writers during the colonial period in localize to analyze colonialism. In its modern form, the theory makes a fundamental distinction between two societies identified as traditional (underdeveloped non- West) and modern (developed West). It contends that, modernization piece of ass solely take place in such societies when subtlety is merchandise from Western Europe and North Africa. Pre- colonial African societies were pointed out as static, backward, and unproductive, and thus, needed the intervention of the European colonial territorial principle to develop. Thus, they romanticized what they argued was the extension of supposedly superior European civilization to the colonized areas in Africa. Central to the explanations based on the modernization theory is the supposedly deliberate design of the colonizers to develop the colonies at an big cost to them. Such explanations ignore the primary aim of economic motivation on the part of the colonialists.

However, the proponents of the modernizatio n theory were more often than not European ! apologists for imperialism such as colonial administrators and European scholars. However, in the 1960s, scholars outside the West, particularly in Latin America, fault modernization theory in explaining imperialism. A summate of them took the approach of policy-making economy, in which they began to challenge...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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