YOUR OPINION, YOU SAY! Now that you know the effects of Ideology, Cold War and Neo-colonialism, is the influence left by the superpowers on countries especially in the Philippines beneficial? Write and express your answer in three to five sentences. Write it on the answer sheet.
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The result of neo-colonialism is that foreign capital is used for the exploitation rather than for the development of the less developed parts of the world. Investment, under neo-colonialism, increases, rather than decreases, the gap between the rich and the poor countries of the world.