3 Flashcards

(49 cards)

1
Q

What economic system did Britain use in the first half of the 19th century?

A

Protectionist

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2
Q

What was protectionism replaced by?

A

Free trade

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3
Q

Which colonies did the worst out of free trade?

A

Dependent ones - India

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4
Q

Between 1880 and 1914 what % of British overseas investment went to the Empire?

A

25%

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5
Q

Between 1887 and 1913 what % total overseas investment went to Africa, India and the dominions?

A

6%, 10%, 22%

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6
Q

In the third quarter of 19th century what percentage of British imports came from their colonies?

A

20%

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7
Q

What percentage of British exports went to the Empire during the same time period?

A

1/3

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8
Q

What technological improvements were made which helped the growth in trade?

A

Railways, steamships, underwater cables, telegraph lines

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9
Q

Why did the British government change its attitudes towards Chartered Companies in the 1870s?

A

Great Depression, faced challenges from Europe and America to its economic dominance

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10
Q

What year did the North Borneo trading company receive a charter?

A

1881

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11
Q

What goods were traded in Borneo?

A

Coal, iron, copper, tobacco, coffee

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12
Q

Who was the leader of the Royal Niger Company?

A

George Goldie

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13
Q

What was the main product of this company?

A

Palm oil

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14
Q

When did the Royal Niger Company receive charter?

A

1886

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15
Q

What was the company which operated in East Africa?

A

Imperial British East Africa Company

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16
Q

Who was the leader of the IBEAC?

A

William McKinnon

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17
Q

When did the IBEAC receive charter?

A

1888

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18
Q

What was the chartered company in South Africa?

A

South Africa Company

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19
Q

Who was the leader of the South Africa Company?

A

Cecil Rhodes

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20
Q

How did Rhodes make his money?

21
Q

When did the South Africa Company receive charter?

22
Q

What was the name of the country in India?

A

East India Company

23
Q

What country in East Africa was taken due to pressure from the East Africa Company?

24
Q

When did Rhodes become PM of the Cape Colony?

25
What things made up the infrastructure of British colonial trade?
Shipping, railway, canals
26
What type of ship was initially used?
Clipper
27
What was the disadvantage of clipper ships?
Short life expectancy - 20 yrs
28
What ship was used for heavy goods?
Steamships
29
What Canal was built in Canada in the 1867?
Welland Canal
30
What name was given to the Indians transported to work in the West Indies?
Coolies
31
What products did Britain export from tropical Africa?
Sugar, coffee, cocoa, groundnuts, palm oil
32
What products were mined in Africa?
Diamonds, gold, tin, copper
33
What year was gold discovered in the Witwatersrand?
1886
34
When was the Imperial Federation League formed?
1884
35
When did Britain account for half world's trade in textiles and manufactured goods?
1870
36
In 1861-65 economic growth rose from 1.7% to what?
3.6%
37
How much did exports of cotton increase from 978m yards to in 1870s?
3,573m yards
38
By how much did the number of coal miners increase by from 216,000 in 1850 to 1873?
465,000
39
The opening of the Suez Canal in 1869 led to the development of what?
Triple expansion steam engine
40
After 10 mines closed in Cornwall how many workers moved?
30,000
41
When did the Kimberley Diamond Syndicate form?
1890
42
When gold was discovered in 1851 in NSW how much was produced?
£25m
43
How much gold did Victoria produce in 1866?
£124m worth - 1/3 world production
44
How much British investment went to imperial territories?
40%
45
What was India's army in 1857?
275,000
46
What did the North Borneo Trading Company receive in 1881?
Charter
47
When did the British East Africa Company form?
1888
48
When did the British South Africa Company form?
1889
49
What was set up in 1884 to promote unity?
Imperial Federation League