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Trade and Empire
10

Trade and empire

Feb 12, 2017

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Alex Thompson
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Page 1: Trade and empire

Trade and Empire

Page 2: Trade and empire
Page 3: Trade and empire

Imperialism• Europe demanded commodities, e.g. Silk, cotton, chocolate, coffee,

sugar, silk, tobacco• None were essential for life• Controlling production and trade routes• Reduced risks• Created monopolies $$$

• Colonists, merchants, corporations backed by nation states

Page 4: Trade and empire

Imperialism• Colonised lands and people became a source of cheap resources• Colonies also provided a market for manufactured goods• Colonies were good for national prestige• A common metaphor “the race for empire”• A Civilising and Christianising mission

Page 5: Trade and empire

World Powers

• First Spain and Portugal• Then the Netherlands• Then France and Britain• Finally Russia and Germany• Fierce, often violent competition

Page 6: Trade and empire

America• Christopher Columbus 1492• Caribbean and South America settled first. Lucrative crops of sugar

and tobacco worked by slaves. Dominated by Spain, then Britain and France. • Piracy and privateering flourished as a means of competition.• 1607 first successful English settlement in North America in Virginia. • French 1608 in Canada. Dutch settled in what is now New York.

Settlers sought land and religious freedom

Page 7: Trade and empire

Battle for Quebec - 1759

Page 8: Trade and empire

Atlantic Triangle Trade• A million people in North America by

1750 in a sophisticated society rivalling Europe• The Navigation Acts prohibited trade

with British colonies in non-British ships.• Britain’s powerful navy was vital to

domination of world trade.• Trade brought a varied diet- tobacco,

coffee, tea, sugar, potatoes

Page 9: Trade and empire

America: not just raw materials• By 1797-8, North America and the West Indies

received 57 per cent of British exports, and supplied 32 per cent of imports.• 1700: imports 6 million pounds : exports 6. 5 million

pounds• 1800 imports: 28.3 million pounds : exports 40.8

million

Page 10: Trade and empire

Slavery• From Africa to the Caribbean and then American mainland• Between 9 and 10 million slaves were shipped• Up to 40% would die on the voyage• They worked on plantations – tobacco, sugar and cotton• Free labour brought great wealth to the colonies