Economic Imperialism

Economic imperialism occurs when a powerful country or corporation extends its influence over other regions primarily through economic means—like controlling resources, markets, or investments—rather than direct political or military control. This can lead to the weaker area becoming dependent economically, often prioritizing the interests of the dominant entity over local development. It resembles a form of indirect control where economic leverage shapes political, social, and cultural dynamics, sometimes resulting in inequalities and exploitation. Essentially, it's a form of dominance through economic influence rather than traditional colonization, impacting global relationships and development.