Examine the impact of colonialism and/or globalisation on a developing economy that you have studied. - Leaving Cert Geography - Question Question 1 - 2006

Colonialism and globalisation have significantly influenced Nigeria's economy by altering its agricultural practices and introducing new forms of trade.

Colonialism in Nigeria led to the introduction of cash crops, which shifted the focus from subsistence farming to export-driven agriculture. This transformation made the economy more vulnerable to global market fluctuations. Furthermore, colonial policies often exploited local resources, preventing sustainable economic growth.

Globalisation has further deepened Nigeria's economic integration into the world market. On one hand, it has provided opportunities for foreign investment and technology transfer. Large multinationals have increased competition, leading to more modern production methods. However, this also resulted in environmental degradation and social inequality as local industries struggle to compete.

One significant impact of globalisation is the spread of information technology and telecommunications. While this has enabled better connectivity and business opportunities, it has also contributed to a brain drain as skilled professionals seek opportunities abroad.

Finally, the economic impact of both colonialism and globalisation is multifaceted, involving both positive developments and negative repercussions. Nigeria's experience offers a complex portrait of how historical processes of colonialism continue to shape economic realities in the context of contemporary globalisation.