Colonialism

Definition

Colonialism is the practice of a powerful country extending its influence over weaker regions or countries, often establishing colonies and exploiting them economically.

Related terms

Mercantilism: An economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Settler Colonies: These are colonies where the colonizing nation settles its citizens to live in the new land, often displacing or subjugating the indigenous population.

Decolonization: The process by which colonies become independent from their colonial rulers, often involving significant political, cultural, and social changes.