trade and commerce 1890-1914 Flashcards
what percentage of British exports went to India?
20%
when was the imperial federation league disbanded?
1893
what did the disband of imperial federation league reflect?
a declining interest in the empire’s commercial importance
what percentage of imports came to Britain from the colonies of the empire?
24.9%
what percentage of imports came to britain from other countries?
75.1%
what percentage of exports went to the empire?
37.2%
what percentage of exports went to other countries?
62.8%
when percentage of foodstuff did the empire provide Britain with?
10%
the empires total trade in 1896?
£745million
how much trade in 1896 took place between Britain and the countries of the empire?
£183million
1.2% of British exports went to…
the whole of tropical Africa
the argument of anti-imperialists regarding the middle-class:
empire cost the middle-class people more than it benefitted them. supporting the cost of imperial defence in their taxes
the argument of anti-imperialists regarding British industry
empire was blamed for Britain’s failure to modernise its industry and was blamed for holding back developments that would have helped raise living standards for workers
example of how empire was holding back British development
while Britain was relying on rubber imports from Asia or Africa, the French, Russians and Germans had successfully started their own synthetic rubber production by 1910.
British investment
doubled from £2billion to £4billion between 1900-1913
the gold standard
adopted by the Bank of England 1821 and my 1908 forced other nations to adopt it althogh not all e.g persia, central america and china
what would the proposed imperial customs union by Chamberlain result in?
a boost to imperial trade through mutual custom agreements and protective tariffs against imports from non-imperial powers
why did Chamberlain believe that imperial trade was preferable
because it would be strategically reliable in times of emergency
where did the resistance to chamberlain’s proposals come from
manufacturing, shipping and banking industries
what food and clothing did south africa provide?
wool and sugar
what food did canada provide?and what did australia provide?
wheat and australia provided dairy produce
what non-imperial world was britian trade growing with?and when?what was imported?
USA in 1894 imported 64 million hundredweight of wheat
how much of britian’s food supply did the empire provide?
less 10%
why did britian lag behind in chemical and electrical enginnering?
due to poor investments and productivity
