3 Trade And Commerce Flashcards
Why was trade important?
Highly valuable resources
Free trade
Monopoly on trade
20% of British imports came from its colonies
Railways placed in…
Uganda
Australia
Canada
N.zealand
South Africa
West Africa- enable connections/strengthened rule
Agricultural produce in…
Canada
Australia
South Africa- sugar/coffee/cocoa/ palm oil
Plantations for other items
Gold discoveries??
1886 Witswatersrand
1851 Australia
1886 Victoria produced 124mill worth
New South Wales produced 25mill
Industry in India
Limited industry:
Gb did help them modernise
But left them dependent
Chartered companies?
Gave gb a monopoly on trade in a country/ had indirect power over a land
1889: British South Africa company
1888: imperial British east Africa company
1886: Niger company
China
Opium wars