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Class 10 > Learn History > What were the two bases of colonial economy in Vietnam?
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What were the two bases of colonial economy in Vietnam?

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The two primary bases of the colonial economy in Vietnam were agriculture and raw material extraction. Under French colonial rule, Vietnam's economy was heavily geared towards producing agricultural products such as rice, rubber, tea, and coffee for export to France and other colonial powers. Additionally,...
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The two primary bases of the colonial economy in Vietnam were agriculture and raw material extraction. Under French colonial rule, Vietnam's economy was heavily geared towards producing agricultural products such as rice, rubber, tea, and coffee for export to France and other colonial powers. Additionally, the French exploited Vietnam's natural resources, including minerals such as coal and tin, as well as forestry products like timber. These economic activities were largely controlled and directed by the French colonial administration for the benefit of France, contributing to the exploitation and impoverishment of the Vietnamese people. read less
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