informal empire Flashcards
Iran
1891 - a British business bought the rights for the entire Iranian tobacco industry
1901 - a British business, the Anglo-Iranian Oil Company, bought all the rights to Iran’s oil for a period of 60 years
Latin America
Some of the informal empire was controlled through commercial agreements
For example, public capital in Latin America reached £80 million in 1865
China
By the treaties of Nanking (1842) and Tientsin (1858) the British grained trading bases settled by British people and governed by British laws
Britain used its power to threaten to disrupt the lucrative opium trade
East Africa
Britain was able to exercise its influence of the Sultanate of Zanzibar in east Africa through the activities of the trader John Kirk
1891 - government was established which made the Sultan’s first minister British
South America
Accounted for 10% of British imports and exports in the second half of the 19th century
Sometimes threats of force were used to maintain trade agreements.
Argentina - 10% of all foreign investment between 1850 - 1900 was here. 100s miles of railways were constructed