Colonialism
...ime it was opposed to the concepts of pre-colonial African economic and political systems (3). The new nations moved from the status of colonial states to neocolonial ones. The European model, which confirmed the legitimacy of expanded forms of political loyalty was based on ethnic and tribal lines in contrast to the shared politics of collective unity and development and Europeans came to control African through economic relations. 3. European colonists imposed an economic structure on Africa known as a taxation system that was supported by a cash crop economy. The effects of the cash crop economy led to food shortages, crop production deficit, import substitution and increased debt burden. This ultimately caused the colonies in Africa to become heavenly indebted poor countries (HIPC’s), which meant they can never get out of debt, due to their low net potential value. Africa is still facing the effects of these economic hardships today, being indebted $365. After forty years of independence, debt service consumes most of their resources and leads to aid dependency. Economic recovery is so slow due to a number of factors such as commodity price flux, cost of debt servicing consuming 20-40% of the GNP, drop in financial aid from donor countries, and uncontrolled population growth (3.) Another economic structure that was set in place by Europeans was an international capitalist system, with a metropolitan economy. This meant that international trade was oriented toward the “metropole”. This colonial system provided the metropole with outlets for its manufactured goods and raw materials for its industries in ways that were beneficial to the colonizers (4). To that African people, this meant that they would be transformed into uprooted, poorly paid individuals and a labor sys...