trade and commerce 1857-1890 Flashcards

1
Q

between 1886 and 1890 what was differnt aout the outflow of money?

A

it was greater than the investments at home about 40% british investments between 1857-1890 went to imperial territoties

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2
Q

how much investment did india receive up to 1890?

A

20%

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3
Q

what did britian do that aided communication, where did it reach to? and waht did they do in canada in the 1870s?

A

laid telegraph network across most of the world which even reached india, transatlantic cables laid in canada

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4
Q

what types of services did britain provide colonies?

A

banking and investments

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5
Q

what did britains intoduction of free trade in 1846 increase?

A

imports and exports

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6
Q

how much of the world textiles and metals did britain produce?

A

half

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7
Q

what large project in canada did britain invest in?

A

in 1867 saw the construction of the walland canal to overcome height differnces which aided in the transportation of goods

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8
Q

what did britain telegraph developments help to do? an example?

A

improve communication and spped up trade. for example the transatlantic cables in canada in the 1870s and in india in the 1880s

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9
Q

what material was britain able to produce at low cost which no other country could?and what did this provide?

A

iron, a modernised engineering industry which could produce the resources to contruct rarilways

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10
Q

what did britain influence in native industry do? an example?

A

caused there to be limited development in industry , like in india were britain deliberately suppressed the indegenous cotton industry to promote britian’s textile industry

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11
Q

who were the profit from the gold mines from 1886 and the diamond mines from 1867 of the transvaal and orange free state kept with?

A

the whites while the bantu’s were used for manuel labour

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12
Q

whos interest did the charted companies set up in the 1880s act in favour of?

A

the interest of the british and not the indigenous people

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13
Q

what did the opium war of 1859 do to china?

A

forced them to open up their trade ports and lead to british gain of hong kong

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14
Q

whos goods did colonies become dependant on?example?

A

british goods, 40% of the total british textile production went to india

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15
Q

who did the real profit stay with?

A

the british traders

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16
Q

after 1875 how much of british imports came from colonies and how much of british manufactured goodd did they buy and what kind of goods where these?

A

20% and they bought back 33% of british manufactured goods which was less benefical to indigenous people

17
Q

what happened to the egyptian cotton industry?why?

A

it was cruhsed, in order to protect the british cotton industry

18
Q

in south africa what were the bantu people forced to live in?

A

segregated housing communities

19
Q

what was happening to the native people?

A

they were being exploited for their resources