Trade and Commerce 1857 – 1947

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55 Terms

1

What percent of world trade did Britain account for in 1857?

60%

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2

What percent of the world’s trade in coal, cotton and iron did Britain produce in 1857?

50%

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3

What fraction of British coal, cotton and iron exports was the empire responsible for in 1857?

1/3

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4

What percent of copper came from Northern Rhodesia in 1935?

Nearly 70%

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5

When was the compound steam engine developed?

1850s

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6

When was the US Civil War?

1861-1865

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7

When was the Suez Canal opened?

1869

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8

By how many miles did the Suez Canal reduce the journey to India by?

6000

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9

In the 1870s, what percent of Egypt’s imports came from Britain?

40%

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10

How much greater was the return on Indian railway shares than British government stock?

Double

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11

In the 20 years up to 1870, what percent of British portfolio investment did Indian railway shares make up?

20%

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12

What percent of shares in Indian railways originated in India?

1%

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13

When was the treaty of Tientsin?

1858

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14

What did British exports amount to in 1867?

£181 million

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15

In 1867, what was the value of British exports to non-empire countries?

£131 million

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16

When was the Congress of Berlin?

1878

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17

When was the Second Anglo-Afghan War?

1878-1880

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18

When was the Franco Prussian War?

1880-1881

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19

When was the Berlin Conference?

1884-85

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20

When was Bechuanaland annexed to prevent a German-Boer alliance?

1885

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21

When was Mackinnon’s Imperial British East Africa Company chartered?

1888

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22

When did Salisbury issue an ultimatum to Portugal, to protect Rhodes' interests?

1890

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23

In 1914, what percent of British exports went to India?

20%

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24

In 1914, how much were the total British exports to India worth?

£150 million

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25

How much greater was British overseas investment than that of France and Germany between 1890-1914?

Double France’s and three times larger than Germany’s

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26

In 1913, what percent of British exports did the empire constitute?

37%

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27

In 1913, what percent of British imports did the empire constitute?

25%

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28

How much wheat did Britain import annually from Russia during the inter-war years?

17 million hundredweight

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29

How much wheat did Britain import annually from the US between 1890-1914?

31 million hundredweight

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30

Between 1890-1914, how much more wheat did Britain import annually from the US than Canada?

Almost 10 times more

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31

Between 1870 and 1914, by what percent did export and import prices move in Britain’s favour?

10%

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32

When did the Swadeshi movement start?

1905

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33

By what percent did British product sales in India decrease because of the Swadeshi movement?

20%

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34

What was the financial cost of WW1?

Over £3 billion

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35

During the post-WW1 Depression (1920-1922), British exports remained at what percent of pre-war levels?

50%

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36

When was the Sterling Area adopted?

1931

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37

When was the Government of India Act? (that lasted until 1929, when reviewed by the Simon Commission)

1919

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38

When did Canada sign trade agreements with the US without British consolation?

1920s

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39

When were the Ottawa Agreements?

1932

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40

What percent general tariff did the Import Duties Act 1932 exempt the empire from?

10%

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41

How many Indians fought in WW1?

1.3 million

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42

Following the Great Depression, what did the percent of British cocoa imports coming from the empire rise by?

40%

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43

When did total imports remain stable whilst the share from the empire increased?

1913-1934

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44

Between 1913 and 1934, how much did the share of British exports going to the empire increase by?

7%

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45

Following the Great Depression, what percent did railway carriage exports to the empire increase to and from what?

58%-68%

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46

When did a major strike break out among African workers in the Copperbelt Region of Northern Rhodesia?

May 1935

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47

What fraction of its wealth did Britain lose during WW2?

1/4

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48

When was Canada forced to accept British defence policies in return for railway investment?

1860s

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49

When was there a European diamond rush on the Vaal River in the Transvaal

1867

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50

When did Egypt become a veiled protectorate?

1882

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51

When did Goldie's RNC take control of the Lower Niger River, establishing 30 trading posts and securing access to the palm oil trade? (chartered 1886, after being rejected in 1881)

1884

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52

When was the BSAC chartered to administer Zambesia?

1889

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53

When did Chamberlain resign as Colonial Secretary to advocate imperial preference through the Tariff Reform League?

1903

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54

What was the annual military expenditure in 1901?

91.5 million

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55

What was the financial cost of the Second Boer War?

£210 million

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