Trade And Commerce Flashcards

1
Q

Chapter 1: imports and exports from Empire

A

20% import
33% export

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2
Q

Imperial Federation League created

A

1884

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3
Q

Imperial Federation League disbanded

A

1893

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4
Q

Suez Canal opened

A

1869

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5
Q

Disraeli bought Pasha’s 44% share of Suez Canal

A

1875

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6
Q

Colonial Conference 1887

A

Discussed the issue of whether there should be some special trading preference between colonies - creating a ‘free trade empire’
Turned down by Britain

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7
Q

Colonies imposing tariffs against imported manufactures (including from Britain) [Chapter 1]

A

Canada in 1859
Australia in the 1860s

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8
Q

Development of the triple expansion steam engine

A

1870s

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9
Q

By the 1870s up the Niger

A

Several British companies were sending steam-trading vessels

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10
Q

Where canals were built during Chapter 1

A

India: new canals developed on a huge scale after 1857
Canada: after 1867 canals were deepened, Welland Canal built
Egypt: Suez Canal opened in 1869

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11
Q

Discovery of diamonds in Southern Africa

A

1867

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12
Q

Discovery of gold in Southern Africa

A

1886

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13
Q

Goods produced by tropical colonies

A

Sugar, coffee, cocoa, groundnuts, copra, palm oil

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14
Q

Most renowned Indian crop

A

Tea

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15
Q

Formation of the Kimberley Diamond Syndicate

A

1890

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16
Q

The Long Depression

A

c1873 - c1896

17
Q

North Borneo Trading Company received a charter

18
Q

Royal Niger Company received a charter

19
Q

The Imperial British East Africa Company received a charter

20
Q

The British South Africa Company received a charter

21
Q

South Africa’s diamond mines in relation to global production

A

They were 90% of global diamond production and owned by Cecil Rhodes

22
Q

Traders (Chapter 1)

A

Cecil Rhodes
William Mackinnon
George Goldie

23
Q

Goldie persuaded all the British trading firms on the Niger river to join forces with his family firm to create a single company, the United African Company

A

1879
Controlled 30 trading posts

24
Q

Worth of India by 1914

A

Represented a large market
20% of Britain’s total exports
Worth almost £150 million to businesses

25
Amount of beef from Canada that made up Britain’s total amount by 1914
10% of Britain’s beef
26
Amount of wheat flour from Canada that made up Britain’s total amount by 1914
15% of Britain’s wheat flour
27
Imports from West Africa (Chapter 2)
Cocoa, rubber, timber, peanuts, palm oil
28
Amount of wheat imported in 1894
Imported 64 million hundredweight of wheat 30.7 million from the USA 17.2 million from Russia Only 3.6 million from Canada
29
1896: Empire’s total trade
Worth £745 million
30
1896: Trade between countries of Empire
Worth £183 million
31
1897: Tropical Africa with British exports
Took only 1.2% of British exports
32
British investment between 1900 and 1913
Doubled from £2 billion to £4 billion
33
Where British capital went more to
USA India
34
The Colonial Loans and Colonial Stocks Act 1899 and 1900
Facilitated a number of infrastructure projects Including rail links into the African interior from the ports of Lagos and Mombasa
35
Joseph Chamberlain’s main idea
Imperial preference
36
Canada’s own trading agreements (before WW1)
Germany France Italy Japan
37
Swadeshi (self-sufficiency) movement in India, following Partition of Bengal
British textiles and goods were boycotted and burned in streets
38
1906 general election
Public roundly rejected Chamberlain’s proposals - food prices would have increased Favoured Liberal Party’s commitment to free trade
39
Railway Joseph Chamberlain initiated
Uganda Railway