Unit 1: Topic 5: Trade and Commerce Flashcards

1
Q

Where did Britain as the world’s largest consumer market get its goods?

A
  • Tropical plantations- West Indies, Malayan Straits, West Africa
  • Minerals and wool- Australia
  • Cotton- India
  • Timber and wheat- Canada
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2
Q

Who came up with the theory of free trade, where did they say it and what did it say?

A

Adam Smith in his book The Wealth of Nations- wealth indefinitely expandable and freedom maximises prosperity.

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3
Q

When was the Treaty of Nanking?

A

1842

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4
Q

When was the Treaty of Tientisin?

A

1858

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5
Q

How many imports and exports came from the empire to Britain in 1875.

A

1875- 20% imports, 1/3 exports

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6
Q

Which British currency became the main international currency?

A

The sterling

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7
Q

When was the colonial conference discussing whether there should be special trading preferences within the empire?

A

1887

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8
Q

When did Canada and Australia begin to put tariffs against British imports?

A

1860s

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9
Q

When did Clipper ships become popular?

A

1860s

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10
Q

When was steamships first used?

A

1850s

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11
Q

What was the first type of engine that made steamships more viable reducing the amount of coal needed to power them?

A

Compound steam engine

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12
Q

What engine further increased the efficiency of steamships and when?

A

Triple expansion steam engine- 1870s- more steamships inland

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13
Q

What does HECT stand for in terms of what railways did for settler colonies?

A
  • Harsh Lands
  • Exports
  • Commercial Reach
  • Territories
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14
Q

What was the first African railway?

A

The West African railway in Zanzibar

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15
Q

When and where were canals developed in Canada?

A
  • After 1867
  • Developed canals around the Great Lakes seaway system and built Welland Canal
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16
Q

How did the value of British exports increase after the increase in free trade?

A
  • 1845- £60 million
  • 8169-£190 million
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17
Q

Describe the value of British exports and imports in different countries?

A
  • Australia- 1/2 exports and imports from Britain
  • Canada- 1/2 exports and 1/4 imports
  • South Africa- 4/5 exports, 3/5 imports
  • India- 1/4 exports and 1/2 imports
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18
Q

How much wool did Australia export to Britain?

A

£400 million worth- 60% of wool exports- in 1886

19
Q

What goods did tropical colonies produce?

(Hint: 6 products)

A

Sugar, coffe, cocoa, groundnuts, copra and palm oil

20
Q

What is a major plantation established in India and when was it established?

A

1870s- Arthur Halls plantation in Nelliampathy, Kerela

21
Q

How did tea plantations increase in India after the Indian mutiny?

A
  • 1851- 1 plantation
  • 1872- 295 plantations
22
Q

Which countries produced tea and coffee?

A

Ceylon (Sri Lanka), India and British East Africa

23
Q

Which countries produced rubber and palm oil?

A

Malaya and North Borneo

24
Q

Which countries produced sugar?

A

Mauritius, Natal, Figi and Queensland (Australia)

25
Q

Wh

When was the Kimberly Diamond syndicate formed?

A

1890

26
Q

When was West Griqualand annexed?

A

1871

27
Q

When were diamonds discovered in Kimberly?

A

1867

28
Q

What was William Mackinnons company called, when was it chartered and where did it operate?

A
  • Imperial British East Africa Company- 1888
  • Kenya and Uganda
29
Q

When was George Goldies company chartered, what was the name of the company and where did it have influence?

A
  • 1886- Royal Niger Company
  • West Africa and Nigeria
30
Q

What was the name of Cecil Rhodes’s company, when was it chartered and where did it operate?

A

British South Africa Company- 1889. Operated in South Africa- Cape Colony, Transvaal, Natal etc.

31
Q

When was gold discovered at Witswatersrand near this Transvaal capital, Pretoria causing a gold rush?

A

1886

32
Q

How many (mostly Cornish) miners travelled to Witwatersrand after the discovery of gold in 1886?

A

30,000

33
Q

How much gold did Victoria, Australia produce and when?

A

1866- £124 million of gold- 1/3 total world production.

34
Q

When was gold discovered at Kalgoorlie, Australia?

A

1880s

35
Q

When was gold discovered at South Island, New Zealand?

A

1860s

36
Q

Which mineral did Nigeria mostly produce?

A

Tin

37
Q

Which mineral did the Gold Coast mostly produce?

A

Gold

38
Q

Which mineral did West Griqualand and Sierra Leione mostly produce?

A

Diamonds

39
Q

Which minerals did Southern Rhodesia mostly produce?

A

Copper and Gold

40
Q

When was the Imperial Federation League established ot promote colonial unity and tarriffs?

A

1884

41
Q

When was the Long Depression?

A

1873-1896

42
Q

When was the North Borneo trading Company chartered?

A

1881

43
Q

What value did the North Borneo Trading Company produce?

A
  • Coal, iron, copper
  • Plantations of coffee and tobacco
  • Strategic site for the protection of India and China