In the era of industrial capitalism how did institutions, Microeconomics

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In the era of industrial capitalism how did institutions

Question: In the era of industrial capitalism, how did institutions introduced under colonial rule act as a brake on economic development and constitute a schism with the historical pattern of evolution in the colonized areas? What role did de-industrialization play in this process? Why did the colonizers require de-industrialization in their colonies? Who benefited and who lost?

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Microeconomics: In the era of industrial capitalism how did institutions

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