IPA: /ˌniːəʊkəˈləʊnɪəlɪzəm/
KK: /nɪˌoʊkəˈloʊnɪəlɪzəm/
A practice where a powerful country uses economic and political methods to control or influence weaker countries, often after the end of formal colonial rule.
Many critics argue that neocolonialism continues to affect the development of poorer nations.
Neocolonialism is formed from "neo-" (meaning new) and "colonialism" (from Latin "colonia", meaning settlement or colony, and the suffix "-ism", indicating a practice or ideology). The term refers to a new form of colonialism where a country exerts control over another, often economically or politically, without direct territorial occupation.
Think of 'neo-' meaning 'new' and 'colonialism' referring to the practice of establishing colonies. This helps you remember that neocolonialism is a new way of exerting control over other nations.