Trade and Commerce #1 Flashcards
What was a key economic development to ensure british control?
Railways:
-provided south africa to expand
-allowed australia to export its wheat and wool
what did tropical countries, such as s.africa, provide for britain?
sugar, coffee, cocoa, copra
in 1881 what company received a charter for the purpose of administering the territory?
north borneo trading company
when was the british south africa company granted a charter?
1889
when and where was gold deposits found in Africa? what did it prompt?
1886, witwatersrand
it prompted a gold rush to an already struggling dutch-boer republic of transvaal
what is a chartered company?
a trading company which would gain status, and legal rights.