Colonial economy refer to the system of production and consumption which were introduced in the colonies by thecolonialist in order to fulfill their economic demands such as raw materials, markets, area for investment and areas for settlement.
The colonial powers introduced taxation as an indirect way of getting cheap labor. To pay taxes the Africans had to sell their labor on the colonial farms, in this way the colonialists acquired both cheap labor and cash crops that were needed as raw materials in Europe. Example: hat tax , matiti tax and head tax.
The colonial powers introduced taxation as an indirect way of getting cheap labor. To pay taxes the Africans had to sell their labor on the colonial farms, in this way the colonialists acquired both cheap labor and cash crops that were needed as raw materials in Europe. Example: hat tax , matiti tax and head tax.