Describe how foreign businesses treated preindustrial countries in the past.

Describe how foreign businesses treated preindustrial countries in the past.



Countries with preindustrial economies were once viewed as offering few opportunities for foreign businesses. Some companies purchased raw materials in the countries. Others actually developed mining, lumbering, or oil-drilling activities. Often those companies were accused of exploiting the countries. Some companies took natural resources and returned very little to the economies.



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