Products of Trade and Commerce Flashcards
1
Q
Why did the British sought after agricultural products in its colonies ?
A
- colonies produced goods that were at cheaper prices than in Europe- allowed more profit.
Most colonial economies were agricultural
2
Q
What type of products did the British sought after and were the products of trade and commerce ?
A
- Agiculture
- Mining
- Industry
3
Q
How did the land in certain countries like Canada help produce agricultural products ?
A
- In Canada, Australia and New Zealand, for example, there were vast tracts of land permitting the production of cheap foodstuffs and agricultural raw materials such as wool
4
Q
What agricultural products did tropical colonies produce ?
A
- Tropical colonies, such as SA, produced goods that were not available in Britain such as sugar, coffee, cocoa , groundnuts and palm oil.
5
Q
Examples of products grown on plantations run by the British?
A
- There were plantations for sisal in British East Africa and Tanganyika
- plantations for sugar in Mauritius and Natal
- for rubber and palm oil in Malaya and North Borneo
- for cocunuts in the Solomon Islands.
6
Q
Why was trade/ production of products in colonies beneficial for the British ?
A
- farmers from indigenous populations were generally obliged to sell at whatever the price and sometimes these were very low
- In Queensland, Australia, indentured workers were often paid low wages for hard, unpleasant work.
Allowed British to maximised profits
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7
Q
Why did the British mine ? sought for minable products ?
A
- purpose of expansion was behind motives to exploit precious metals and make them an important trading commodity as they were lucrative
8
Q
Mineable product discovered in SA ?
A
- European discovery of mineral deposits in central and SA brought colonial growth.
9
Q
Where was gold discovered ?
A
- gold in SA.1896 Gold deposits were found out at Witwatersrand prompted a gold rush to the Transvaal.
- Gold also discovered in New South Wales, Australia in 1851.
10
Q
Impact of British discovering gold ?
A
- By 1866, Victoria was producing £124 million worth of gold - a third of world production.New South Wales produced a further £25 million.
