Which of the following correctly analyzes how colonial economics led to long-term challenges for newly independent states?(1 point)

Answer 1

- Colonial economies were often structured to benefit the colonizers, leading to underdeveloped local industries and dependence on imported goods.
- This lack of economic diversification and reliance on foreign trade made many newly independent states vulnerable to economic shocks and fluctuations in global markets.
- Additionally, colonial economic systems often resulted in unequal distribution of wealth and resources, exacerbating social and political tensions within these states.
- As a result, newly independent states struggled to build stable and sustainable economies, leading to ongoing challenges such as poverty, unemployment, and inequality.