6.5 Economic Imperialism Flashcards
What is economic imperialism?
Economic imperialism occurs when businesses use their economic power to take advantage of natural resources beyond their borders.
The Dutch East India Company had a monopoly on the spice market because of its colonies in the Spice Islands. Where are the Spice Islands located?
Indonesia
What was the Culture System?
In the Dutch East Indies, villagers either had to set aside one-fifth of their rice fields for export crops OR work for free in a government field for 66 days if they had no land.
What is corvee labor?
unpaid compulsory labor
What did China have to agree to in The Treaty of Nanking?
China had open up for additional ports to foreigners, give the island of Hong Kong to Britain, and pay damages. It also forced china to allow free trade (including opium).
In China, what were “spheres of influence”?
Places in China where China was forced to give exclusive trading rights to foreign countries.
The Treaty of Tianjin, signed after the second Opium War, forced China to do what?
Open more ports for trade
Allow Christian missionairies free travel
Legalize opium
Give Britain the Kowloon Peninsula
What become the Gold Coast’s major cash crop in the 1880’s?
cocoa
When was slavery finally abolished throughout Africa?
The early 20th century.
What was the consequence of cotton being grown as a cash crop throughout Africa?
Less growth of food crops. With less food being grown, there was less food available to feed people.
What was a banana republic?
A Central American country under the economic control of a foreign country.
What was the significance of the Pampas to Britain?
Around 10 percent of British investment went in Argentina. Britain used the Pampas, a large grassy plain region of Argentine, for agriculture.
In Kenya, what happened to the native herders?
They lost their fertile land in the Rift Valley when it was given to white settlers.
What were the two options for Kikuyu farmers who lost their land to white settlers?
Relocate to a reserve with a bad climate and soil
Stay and be forced cheap labor for settlers
What replaced Uganda’s largest exports of slavery and ivory?
Cotton
