Section One-Informal Empire

Question 1

What was the Informal Empire?

Answer 1

Areas to which Britain had no legal claim

Question 2

What did British influence derive of in these areas?

Answer 2

Commerce, finance and providing profits for British companies, bankers and insurance firms

Question 3

What areas in particular were part of the British informal empire and how much did they account for?

Answer 3

Chile and Argentina; British public capital in Latin America stood at over £80 million by 1865 and Latin America accounted for 10% of Britain’s exports and imports