Africa’s American industry, financed and supported by

Africa’s natural resources have not been employed for
his own industrial development but have been used principally for the
development of the Western world. This continued in the recent years, the
introduction of new processes and techniques had an impact on the production of
ferrous and non-ferrous metallurgical industries in Europe and the United
States in order to satisfy the ever-increasing demand for finished products,
including military demands in the preparations and nuclear expansion “World
output of crude steel almost doubled itself in the decade between 1950 and
1960, from 190 million tons to 340 million tons.” Africa has boosted the
profits of Western capitalism, first by trade in its people and then by the
imperialist exploitation as a result , it left his economy a power to
industrialize

By
a lack of industry and manufacture in the use of domestic natural resources,
and of the trade, mining production,
which is a very profitable activity for foreign capital investment in Africa, is
principally destined for exportation in its primary form. Most exported
minerals are exported from Africa in their primary form and used to develop the
industries and plants of Europe, America and Japan. When those industries sell
out their production, Africa is obliged to buy back their minerals and
resources in the form of finished goods but at extremely high prices.

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The exploitation of Africa’s resources can take place is due
to the balkanization (describe the process of fragmentation or division
of a region or state into smaller regions or states that are often hostile or
uncooperative with one another). Balkanization is the major instrument of neo-colonialism
or the use of economic, political, cultural, or other pressures to control or
influence a developing country instead of direct military control. Colonialism
changed face and become neo-colonialism, the last stage of imperialism

From mining, the exploiters branch into an involved pattern
of investment companies, transport, manufacturing, public utility, oil and
chemical industries, nuclear installations and many others. Direct and indirect
connection are maintained with many of the biggest American industry, financed
and supported by leading bankers, financiers and industrialists in the UK,
France, Belgium, Germany, America and elsewhere, exposing the real forces
behind world event and indicate the pattern that links those events to the
developing countries at different points of the globe. This is the double edge
that separate Africa’s wealth from Africa, and enriched developed countries
that absorb her primary materials and give it back in the form of finished
products.

 In conclusion, if one day,
all African population is reunited to establish their unity, their decision
could be countered by the power of neo-colonialism. on the contrary, in the
face of a new situation, in exactly the same way that the capitalist world has
in the past adjusted to any other change in the balance of power, those who
practice neo-colonialism are adapting to this new balance of world forces.

–  This article is
connected to our classwork because we are now learning about the height of
imperialism and one of the motivation for the new imperialism is the economy in
which the colonizers are in search of raw materials for the development of
their industries as economic expansion demanded cheap labor, access to or
control of markets to sell or buy products, and natural resources and it this
article illustrate clearly the exploitation of the natural resources in Africa
by the European and Americans with  their
methods to achieve their own development and the result of it still impact the
African continent nowadays

·        
-I agree with the ideas proposed in this article
because it’s a real thing that we can all see even if it was a past event because
it still affects Africa and it’s development. I found this article beneficial
because it covers many intersting subject: the
Black History Month, analysis of the neo-colonialism and international economic
relation of Europe and United States.