Purchase of Suez Canal shares Flashcards
1
Q
how were the suez canal shares purchased?
A
peacefully -> change in imperial policy.
2
Q
PM Disraeli borrowed £4m from who?
he then negotiated the terms without what?
A
Rothschild Family.
Parliament’s approval.
3
Q
Who criticised him for this?
A
Gladstone.
4
Q
In 1882, what did britain do under Gladstone?
A
Occupied Egypt to protect british interests.
5
Q
the purchase of suez canal shares significantly reduced what?
therefore, this increased economic _________.
A
Sailing times to Asia.
Efficiency.
6
Q
what did it also speed up?
why?
A
Conversion of ships fro sail to steam.
sailing ships couldn’t pass through canal.
