What was the condition of colonial economy in vietnam ?

1.	What was the condition of colonial economy in vietnam ?
Answer» The colonial economy in Vietnam was, however, primarily based on rice cultivation and rubber plantations owned by the French and a small Vietnamese elite.* Rail and port facilities were set up to service this sector.* Indentured Vietnamese labour was widely used in the rubber plantations.* The French did little to industrialise the economy.* In the rural areas landlordism spread and the standard of living declined.* There were several barriers to economic growth in Vietnam: high population levels, low agricultural productivity and extensive indebtedness amongst the peasants.* To reduce rural poverty and increase agricultural productivity it was necessary to carry out land reformsHowever, this could not ensure sufficient employment.Industrialisation would be essential to create more jobs.

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