British Empire: Trade

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46 Terms

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1651-73

When were the navigation acts passed?

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1763

When did the British beat the French in the seven years war?

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British trade policy - enforcement of the Navigation acts

What was a major cause of the American War of Independence?

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1775

When did the American War of Independence begin?

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1781

When did the British surrender in the American War of Independence?

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Government debt due to the seven years war

Cost of the America war of independence

Cost of involvement in the French revolutionary wars (1792-1802) and Napoleonic Wars (1803-15)

Why did the empire become astronomically expensive to run post-1763? (3 reasons)

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Restricting trade with colonies to secure a trade surplus for Britain

What does protectionist mean?

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Protecting British merchants with low tariffs

What does mercantilist mean?

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Low taxes on trade (and used diplomacy or coercion to make other countries to do the same)

What is free trade?

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1783

When did the Quakers Petition Parliament for the abolition of the slave trade?

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1789

When did Wilberforce launch his parliamentary campaign for the abolition of the slave trade?

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1 in 10

During the 18th century what proportion of ships would lose their owners money?

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It stopped being profitable

What was the most important reason for the abolition of the slave trade?

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1807

When was the salve trade officially abolished in Britain?

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Humanitarian reasons

Anti-French sentiment

Role of individuals - Wilberforce

Economic factors

Why was the slave trade abolished?

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Wealth of Nations, 1776

What was the name of the book written by Adam Smith which encouraged free trade?

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1779

When did the British remove trade restrictions from Ireland?

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To avoid conflict similar to that in America

Why did British remove trade restrictions from Ireland?

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1815

When were the Corn

Laws passed?

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1838

When was the Anti-Corn Law League founded?

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1834, Sir Robert Peel

When was the Conservative Party founded and by who?

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1841, Sir Robert Peel

When did the Conservatives gain a majority and who became Prime Minister?

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'Light touch' with enforcement Navigation Acts

What is salutary neglect?

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1763

When did the British create a large standing army in North America to deter France from further conflict there?

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1846

When were the Corn Laws repealed?

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1849

When were the Navigation Acts repealed?

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Not tightly enforcing trade regulations

What is salutary neglect?

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Ships of all nationalists could dock without incurring taxes or tariffs

What is an entrepôt?

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1819

When was the acquisition of Singapore?

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Make inroads to China - the route to China was long and dangerous

Why did Britain set up an entrepôt in Singapore?

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1842

When was the acquisition of Hong Kong?

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1839

When was the Chinese opium blockade?

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Foreign policy that is support by the use or threat of military force

What is 'gunboat diplomacy'?

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1841

When did the navy seize Hong Kong and establish it as a entrepôt?

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1842

When was the Treaty of Nanking signed?

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Chinese government forced to pay compensation for lost opium

Allow the British to take/keep Hong Kong

Open ports to the British, esp Shanghai

Grant British citizens legal protections in China

What did the Chinese government agree to in the Treaty of Nanking?

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Open ports to allow trade with low tariffs

Access to chuna

Why was the opening of Shanghai significant?

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1859-69

Over what time period was the Suez Canal constructed?

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France and Egyt

What two nations were involved in the construction of the Suez Canal?

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1875

When was the acquisition of the Suez Canal?

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Growing commercial benefit of the canal

Political concerns over the lack of British influence over the canal - effectively relying on the French

Worry regarding potential restrictions in British shipping

What were the motivations for acquiring the canal?

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1890

When was the acquisition of Zanzibar?

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Imperial strategy - German expansion changed the British position

What was the motive behind the acquisition of Zanzibar?

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1890-96?

When was the scramble for Africa?

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1898

When was the lease of Weihaiwei?

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Just in case it turned out to be useful in countering Russian development

Why did the British lease Weihaiwei?