Coupon Accepted Successfully!


Development of Colonies

Everyone wanted colonies to serve the interests of the mother country but didn’t know how to do it. People like Paul Bernard, policy-maker and an influential writer, strongly believed that the economy of the colonies needed to be developed. He argued that the purpose of acquiring colonies was mainly to make profits. The people would buy more goods if the economy was developed and the standard of living of the people would improve. This would automatically lead to the expansion of the markets, which would in turn lead to better profits for French business.

French Weapon Merchants

Bernard stated that the barriers to economic growth in Vietnam were ...

  • High population levels

  • Low agricultural productivity

  • Extensive indebtedness amongst the peasants

It was necessary to carry out land reforms as the Japanese had done in the 1890s, to reduce rural poverty and increase agricultural productivity. However, this did not ensure sufficient employment. Industrialisation was essential to create more jobs. Rice cultivation and rubber plantations owned by the French and a small Vietnamese elite, ensured the primary colonial economy in Vietnam. To help these sectors rail and port facilities were set up. rubber plantations widely consisted of indentured Vietnamese labour. But the French, did very little to industrialise the economy. In the rural areas, with the spread of landlordism, the standard of living declined.

Test Your Skills Now!
Take a Quiz now
Reviewer Name