Textbook Flashcards
(160 cards)
What critical junction in British Empire history is marked by the movement from mercantilism to free trade?
The transition from mercantilism to free trade between 1763 and 1914.
What were the Navigation Acts established in 1660?
Regulations that required all trade within the colonies to be carried on English or colonial ships.
What was the objective of mercantilism?
To ensure that the value of exports exceeds the value of imports, achieving a positive balance of trade.
What was the significance of the American War of Independence starting in 1775?
It challenged British mercantilism by questioning the continuation of American shipping within the British Empire.
True or False: The Navigation Acts were repealed in 1849.
True.
What economic ideology began to shape British trade policies around the 1820s?
Free trade.
What event in 1807 marked a turning point in British economic policy regarding slavery?
The abolition of the slave trade.
Fill in the blank: The _______ was a trade route between Europe, West Africa, and the Caribbean, primarily associated with the slave trade.
Triangular trade.
What role did the British Royal Navy play in mercantilism?
It ensured British merchants had safe access to markets and enforced colonial regulations.
What led to the gradual transition from protectionism to free trade in Britain?
Domestic changes in politics and industry, the ideology of Adam Smith, and the end of the slave trade.
What was the economic status of Britain’s government debt by 1821?
260% of gross domestic product.
What was the Corn Laws’ purpose when passed after the Battle of Waterloo?
To keep grain prices high.
What was the impact of the abolition of the slave trade on British economic arguments?
It allowed abolitionists to argue that restricting the slave trade would damage the French economy.
What were the main products that colonies could only export to England under mercantilism?
- Tobacco
- Sugar
- Cotton
- Rice
What did the term ‘geopolitics’ refer to in the context of imperial thinking?
The idea that power derives from territorial dominance of strategic areas.
What was the significance of the founding of the Society for Effecting the Abolition of the Slave Trade in 1787?
It marked the beginning of organized efforts to abolish the slave trade in Britain.
True or False: The British economy relied heavily on the triangular trade until the early 19th century.
True.
What was the Middle Passage?
The crossing of the Atlantic between Africa and the West Indies used by slave traders.
What are manufactured goods?
Items that have had value added through some form of processing.
What was the purpose of the Navigation Act passed in 1786?
To increase Britain’s naval power by restricting trade to British-built ships.
What was a key factor in the British decision to abolish the slave trade in 1807?
The influence of moral enlightenment ideals and the fear of revolutionary chaos.
What was the economic dependence of China and the Americas on Britain during the 19th century called?
Britain’s informal empire.
Fill in the blank: The _______ was a significant period of rapid imperial expansion in Africa from 1881 to 1914.
Scramble for Africa.
What social movement was influential in the anti-slavery campaign in Britain?
Grass-roots campaign.