Question

Jamaica is a poor country that borrowed funds from the United States. Unable to repay the loan, Jamaica has agreed to numerous alliances and trade agreements that benefit the United States. This process in which a powerful nation uses loans and economic power to maintain control over a poor nation is called:Group of answer choicesa. Globalazationb. Caste systemc. Noecolonialsimd. Slavery

Answer 1

c. Neocolonialism

Step-by-step explanation:

Neocolonialism -

It refers to the method of using cultural imperialism , globalisation and capitalism in order to control and influence any developing country , is referred to as neocolonialism .

The method is used mostly by rich and developed country over the developing country , so as to get them under their control .

Hence , from the given scenario of the question ,

The correct option is Neocolonialism .