Showing posts from March, 2015

The Impact of Colonialism on Africa's Economic Development

The Impact of Colonialism on Africa's Economic Development The imposition of colonialism on Africa altered its history forever. African modes of thought, patterns of cultural development, and ways of life were forever impacted by the change in political structure brought about by colonialism. The African economy was significantly changed by the Atlantic slave trade through the process of imperialism and the economic policies that accompanied colonization. Prior to the "Scramble for Africa," or the official partition of Africa by the major European nations,  African economies were advancing in every area, particularly in the area of trade. The aim of colonialism is to exploit the physical, human, and economic resources of an area to benefit the colonizing nation. European powers pursued this goal by encouraging the development of a commodity based trading system, a cash crop agriculture system, and by building a trade network linking the total economic output of a re