Neo-colonialism
Indirect control of developing nations through economic mechanisms and institutional pressures that perpetuate dependency relationships and benefit developed countries.
Real World
Ghana's cocoa industry exports raw beans primarily to European chocolate manufacturers like Cadbury and Lindt, who capture most of the value-added profit — a pattern rooted in colonial trade structures that neo-colonialism theorists argue persists today.
Exam Focus
Link neo-colonialism to named institutions (IMF, World Bank) and specific conditionalities — vague references to 'rich countries controlling poor ones' will not score highly.
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