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Economic Imperialism and Colonial Control in Canada

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Economic Imperialism and Colonial Control in Canada Abstract Economic imperialism plays an important role in colonization. The goal of this paper is to discuss the colonial control of Canada and how economics played an important role in dispossession of indigenous people of Canada. The negative impact of economic imperialism included loss of land, disrupted communities and exploitation of natural resources. In all cases, Canadian natives had to suffer the consequences of colonization and economic imperialism. During the eighteenth century, when European powers extended their power beyond Europe, they gained significant control and power over different territories in Asia, Africa and North America. Important empires during that time included Britain and France, which sought to gain maximum control as they competed with one another. British power and presence was already strong in North America as compared to French power and therefore, Canada primarily became a British colony. A colony is considered to be a territory, which is ruled by another country. The term economic imperialism is considered to be an important term, which describes the power and authority over assets and economics by a foreign entity. In terms of modern economics, economic imperialism is considered to be an in-depth and comprehensive investigation and study of economics, which is related to crime, irrational behavior, religion and politics, that is, the non-economics aspects of society. The terms

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