WORLD HISTORY

Detailed explanation-1: -Neocolonialism has been broadly understood as a further development of capitalism that enables capitalist powers (both nations and corporations) to dominate subject nations through the operations of international capitalism rather than by means of direct rule. Related Topics: Western colonialism colonialism.

Detailed explanation-2: -Globalization is the metamorphosis of a globalization into a neo-colonization through which Europe and America are colonizing developing countries. Europeans and Americans are indirectly colonizing developing countries in the name if education, curriculum, and teaching method even in this era too.

Detailed explanation-3: -Colonialism is different from neocolonialism because colonialism involves direct control over a territory and its people while neocolonialism involves indirect methods to control a territory and its indigenous people. Colonialism is a form of direct control over a territory and its people by an external power.

Detailed explanation-4: -An example of neocolonialism is France controlling the Franc currency used by 22 independent nations.