Historical exploitation refers to the process by which economically advanced countries have taken advantage of less developed regions or nations throughout history. It involves extracting resources, exploiting labor, establishing unequal trade relations, and exerting political control for their own benefit.
Related terms
Colonialism: Colonialism involves establishing control over another territory or nation for economic exploitation purposes. It often includes political domination alongside resource extraction.
Imperialism: Imperialism refers to the policy or practice of extending a nation's power and influence by establishing colonies or using economic and military force to control other regions.
Reparations: Reparations are actions taken by economically advanced countries to compensate for the historical exploitation they subjected less developed nations to. This can include financial compensation, investments, or resource sharing.