Overall Flashcards
(3 cards)
Overall
-Dundee whaling industry produced oil tk treat jute and make products
-38% of coal sold abroad in 1910s
-Dundee jute bags sent to Latin America for coffee
-Glasgow ships needed to keep all trade goods going around the empire
Overall
-Scottish goods such as knitwear and whiskey in high demand abroad
-locomotives made in Aberdeenshire, Inverurie and Glasgow sent to Canada, India, New Zealand (North British locomotive works)
-between 1851-1870, the clyde produced 70% of all iron ships in Britain
-world war one created huge demand as new warships were needed to guard convoys and cargo and passenger liners were sunk by the German U-boats
Overall
-a handful of families made huge fortunes from the profits of the export industries (William weir coal and iron)
-Scottish foreign investment rose from £60 million in 1870 to £500 million in 1914