Form Of Government: Chartered Companies Flashcards
What is a chartered company?
Company granted permission to rule indirectly within its territory of operation
What are the benefits of a chartered company?
No formal commitment and they weer able to enjoy the economic benefits
Extend influence and prestige
What are the drawbacks of chartered companies?
In the case of uprisings, they need government forces which are costly to the taxpayer
Threat to indigenous way of life and the companies were willing to make alterations to the way of life
Lack of regulation reflect poorly on Britain
Who ruled India before 1858?
East India Company
What did George Goldie form in 1879?
United African Company
Who formed the United African Company in 1879?
George Goldie
When had Goldie formed the United African Company?
1879
What was the United African Company (formed in 1879 by Goldie)?
Controlling 30 trading posts
What was the company that controlled 30 trading posts in Africa?
United African Company, formed by George Goldie in 1879
What kind of trade did the United African Company focus on?
Palm oil trade
Which company focused on palm oil trade?
United African Company
What happened to the United African Company in 1881?
There application for the royal charter was rejected
When was the United African Company rejected when applying fo a royal charter?
1881
Why was the United African Company rejected when applying for a royal charter in 1881?
Competing with French interest in the Niger region and this could cause conflict
What was the impact of the French competition with the United African Company over the Niger region?
United African Company were rejected their application to a royal charter in 1881 because this could cause potential conflict
What did Goldie do to gain control of Niger?
Trading war with France
Gained trading concessions with local chiefs
What was the impact of Goldie securing trading concessions with local chiefs in Niger and winning a trade war?
Helped Britain assert the rights over Niger in the 1884 Berlin Conference
What happened in 1887?
United African Company awarded charter and became the Royal Niger Company
What did the United African Company become in 1887?
Royal Niger company
When was the Royal Niger company formed?
1887 after United African Company as granted award
What happened in 1890?
King Mwanga of Uganda gives some sovereignty to the Imperial British East Africa Company in return for backing against local rivals
When had King Mwanga of Uganda gives some sovereignty to the Imperial British East Africa Company in return for backing against local rivals?
1890
What had King Mwanga of Uganda done in 1890?
Gave some sovereignty to the Imperial British East Africa Company in return for backing against local rivals