History, 05.06.2020 22:05 lakenyagillard79
How did their previous status as colonies of European powers have an effect on the development of many less developed countries?
*When they became independent, LDCs relied on central planning rather than free enterprise to modernize their economies.
*When they became independent, LDCs made their political systems too similar to those of European colonial powers.
*European use of these countries as agricultural centers continues today.
*The use of European oil keeps many former colonies in debt.
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