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Key Theme 1: Trade Knowledge Builder

Answer as many of the questions as you can in the time given. Some of the answers are quite specific so repeat as often as needed and target the areas you are weaker in.
Quiz by Winstanley95
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Last updated: March 16, 2023
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First submittedMarch 16, 2023
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Question
Answer
Define protectionism
Taxes and tariffs on imports and exports to protect domestic markets
Define mercantilism
A nation should seek a positive balance of trade, while keeping dependent trading partners in a negative balance of trade
In what year did Britain emerge as the sole superpower of the world, with global dominance in trade?
1815
Describe how Britain made money on all three points of the Slave Trade Triangle (1)
Sold manufactured goods to Africa
Describe how Britain made money on all three points of the Slave Trade Triangle (2)
Sold slaves to Americas and West Indies
Describe how Britain made money on all three points of the Slave Trade Triangle (3)
Sold raw materials produced on plantations in Europe
How many MPs had investments in plantations in the 1760s?
40
How much money did the Lottery make on a single voyage of the Triangular Trade? (In £)
12091
Who owned this ship?
Thomas Leyland
How much would a single slave be sold for at auction, on average? (In £)
50
Name 3 port cities in Britain that grew wealthy as a result of the Slave Trade. (1)
Bristol
Name 3 port cities in Britain that grew wealthy as a result of the Slave Trade. (2)
Glasgow
Name 3 port cities in Britain that grew wealthy as a result of the Slave Trade. (3)
London
How many ships sailed from Liverpool each year on the Slave Trade?
120-130
Name a Bristol family who owned plantations in the Caribbean.
Pinneys
Name one impact of the Abolition of the Slave Trade on British trading patterns.
Looked east for new markets
What did Britain use taxes levied from the slave trade to fund?
The Royal Navy
Why was there never a shortage in demand for new slaves from Africa?
They were worked to death
Which Lord Mayor of London owned thousands of acres in plantations?
William Beckford
What percentage of Bristol’s income was tied to the slave trade?
40
Which governor of the Bank of England chaired a pressure group in favour of planters and plantation owners?
Sir Richard Neave
Which plantation was owned by the Church of England in Barbados?
Cordington
How many slaves were there in this plantation?
400
Which group began campaigning for abolition in 1783?
Quakers
Which Prime Minister supported the abolitionist movement?
Pitt the Younger
In what year was a proposed bill for the Abolition of the Slave Trade defeated in the House of Lords?
1806
In which French colony was there a slave rebellion?
Haiti
What did Britain do as a result of this rebellion?
Invaded, hoped to seize the island, the slaves and the plantations
What did Napoleon do in 1802?
Reinstate slavery in French colonies
How did this change the British position?
Abolish slavery to undermine the French and incite rebellion in French colonies
When was the Slave Trade abolished in England?
1807
When did the Slave Trade finally cease in British colonies?
1833
When did the Slave Trade end in the West Indies?
1834
Who led the Abolitionist movement?
William Wilberforce
What proportion of ships involved in the slave trade lost money in the 18th Century?
1/10
In 1778, how much did investors in the slave trade lose? (In £)
700,000
How much did the government pay to slave owners in compensation for their lost revenue? (In £)
20,000,000
Of what percentage of government revenue was this figure?
40
What is a positive balance of trade?
Export value being higher than import
What is a negative balance of trade?
Export value being lower than import
What book did Adam Smith write in 1776?
The Wealth of Nations
What are the main arguments in this book?
Monopoly capitalism and mercantilism were foolish
Which group dominated parliament before 1832?
Landowning elites
Which colonies were in open rebellion, then all out war, against Britain as a result of mercantilist thinking?
The 13 colonies
In which other colony did Britain experience unrest as a result of Mercantilist thinking?
Ireland
Which was the second largest city in the Empire, after London?
Dublin
Where was wealth centred in Ireland?
Rich, protestant landowners
What happened in Ireland in 1778?
Protests demanding free trade
When were protectionist tariffs removed entirely from Ireland?
1779
What was the main reason trade restrictions were lifted in Ireland?
Avoid additional conflict
What kept the grain price high until 1815?
Napoleonic Wars
Which law was passed in 1815, to protect the income of landed elites in Britain?
The Corn Laws
Which party was elected in 1830?
Whigs
What was passed in 1832?
The Great Reform Act
By how much was the electorate expanded in 1832? (Percentage)
60%
Which groups now had better representation in parliament?
Merchants and industrialists
Question
Answer
In what year was the Conservative Party founded?
1834
What was formed in 1838?
Anti-Corn Law League
Which Prime Minister repealed more than 1200 protectionist tariffs?
Peel
How did Peel balance government finance with the loss of these tariffs?
Reintroduced income tax
The repealing of which two protectionist laws saw the above Prime Minister lose the election to Lord Russell?
Sugar and corn
What are the 3 elements of the Navigation Acts? (1)
Colonial goods must be carried on British ships
What are the 3 elements of the Navigation Acts? (2)
Some goods had to be shipped first to England to be taxed
What are the 3 elements of the Navigation Acts? (3)
European exports to British colonies had to land in Britain first
In what way might the Navigation Acts have suited British colonies?
The exported primarily raw goods anyway, and it made no difference where their final destination was
What approach had Britain traditionally taken to enforcement of the Navigation Acts and mercantilist system as a whole?
Salutary Neglect
When did the above change and why?
1763, end of the 7 Years War
What did the Royal Navy do as a result of this change?
Seize ships and cargo if not abiding to the acts
In what year were the Navigation Acts repealed?
1849
In what way did the repealing of the Navigation Acts prioritise Free Trade over defence? (1)
Less British ships at sea as goods didn’t have to be carried on British ships
In what way did the repealing of the Navigation Acts prioritise Free Trade over defence? (2)
Less trained seamen for the Navy to impress during times of war
Which Prime Minister was responsible for the repeal of the Navigation Acts?
Lord Russell
When was the Tariff Reform League founded?
1903
What was the main aim of the Tariff Reform League?
Return to protectionism but within the Empire
What happened to the Tariff Reform League?
Joseph Chamberlain lost the election, League fell apart
Which company wished to expand trade into China in the 1800s?
East India Company
Where did China restrict foreign traders to?
Canton
What was the only passage to this area and which foreign power controlled it?
Straits of Malacca, the Dutch
When was Singapore founded and by whom?
1819, Sir Stamford Raffles
How many Spanish Dollars flowed through Singapore by 1824?
11 Million
What is an entrepot?
Port with no taxes or tariffs
What was the aim in setting up Singapore as a base? (1)
Outcompete the Dutch
What was the aim in setting up Singapore as a base? (2)
Secure stronger trading links with China
In what way did Singapore’s entrepot status make trading more efficient and profitable?
Ships could load and unload, so cargo destined for Europe from China did not have to make the journey in a single voyage
How many merchant houses were in Singapore by 1846?
60
What are some earlier examples of entrepots (before Singapore)?
Antwerp
What did the success of Singapore convince British policy markers of?
Free Trade
By 1797 the East India Company was in a budget deficit and was using silver bullion to purchase Chinese goods. What product did it decide to sell to make up the shortfall?
Opium
In what 2 years did Britain send ambassadors to China in an effort to open up trade with the Chinese Empire? (1)
1792
In what 2 years did Britain send ambassadors to China in an effort to open up trade with the Chinese Empire? (2)
1816
What had Britain managed to trade with China before 1842 (not opium)?
Wool and cotton from India
How many tons of opium were sold in China in 1775?
75
How many in 1800?
200
How many in 1822?
347
When did the East India Company’s monopoly on trade with China end? (Hint, it ended in the second of 2 Charter Acts passed)
1833
How many tons of opium were traded in 1839?
2553
How many addicts were there in China as a result?
12 Million
When was the blockade at Canton?
1839
How many tons of opium did the Chinese authorities burn as part of this crackdown on the British opium trade?
1000
Who was the British foreign secretary at the time?
Lord Palmerston
What is gunboat diplomacy?
Forcible access to new trading markets, use of the Navy to do so
When did the British seize the island of Hong Kong, using gunboat diplomacy to do so?
1841
Which British ship (East India Ship, not HMS) led the British to a decisive victory in the Opium War?
Nemesis
What is significant about the geography and geology of Hong Kong?
Largest deep water port in the world
What was the population of Hong Kong by 1900?
100,000
Which treaty opened Shanghai to British traders in 1842?
Nanking or the Unequal Treaties
How much, in silver dollars, did Britain demand in compensation for the burned opium?
6 Million
How much did they demand in reparations?
3 Million
Shanghai sits at the month of which major river?
Yangtze
How many miles into the Chinese interior does this river flow? (To Wuhan city.)
1000
What did the British establish in Shanghai, despite it being legally Chinese sovereign territory?
Self-governing settlement
Question
Answer
When did the Americans establish a settlement there?
1848
When did the French?
1849
What was established in 1854?
Shanghai municipal council
What was the role of this organisation by the 1860s?
De facto government of Shanghai
How much opium was traded via Shanghai in 1880?
6500 Tons
How did the Taiping rebellion also fuel trade in Shanghai?
Gun trade
How many Chinese were estimated to have died in this rebellion?
20-30 Million
Which engineer designed and built the Suez Canal?
Ferdinand de Lesseps
How much did it cost? (In French francs)
433 million francs
How long did construction take?
10 Years
Which kind of ships were able to operate on the canal?
Steam
By how much did steam tonnage entering the canal from the east increase between 1868 and 1874? (Percentage)
178%
By 1874, how much of the tonnage passing through the canal was British?
3/4
Which colonies did the canal shorten the route to? (3 Places)
India, China, Australia
What was the British concern about the ownership and operation of the canal?
Didn’t like the fact it was French majority owned and operated
When did Disraeli purchase the Suez Canal Shares from the bankrupt Khedive?
1875
What sum of money did he pay for these shares? (In pounds)
£4,000,000
What percentage did GB now own?
45%
What were the returns on this investment by 1911? (Percentage)
33%
How many tons of material passed through the canal in that year (1911)?
Over 18,000,000
Why was Gladstone upset with Disreali? (1)
Thought ownership of the Suez would result in Britain being dragged into Egyptian affairs
Why was Gladstone upset with Disreali? (2)
Did not like the fact he had borrowed the money privately
True or false. Zanzibar was an entrepot before British involvement?
True
Why were the British interested in Zanzibar from as early as 1815?
To protect the trade route around the Cape
How many slaves would be traded through Zanzibar annually, before 1822?
50,000
When did the British pressure the Sultan to ban slavery in Zanzibar? (Slave exporting)
1822
When was slavery banned completely in Zanzibar?
1873
What 4 things were traded via Zanzibar?
Ivory, rubber, cloves, spice
What were import duties fixed to in 1844 in order to encourage trade in Zanzibar? (as a percentage)
5%
Which other imperial power was interested in Zanzibar?
Germany
Who had tried to set up a trade route between Zanzibar and Aden in 1878?
William Mackinnon
This failed but when Germany became involved, he was encouraged to try again. What association did he create?
British East Africa Association
The association never returned a profit. What were its costs and takings in 1892?
£85,000 to £35,000
What was the key motivation for Britain having a foothold in Zanzibar?
Worried that another power could divert the Nile or force Britain out of Egypt
In what year did Germany and Britain agree that Zanzibar would be British?
1890
What did the Germans gain as a concession?
A small island in the North Sea
What did Salisbury say about Zanzibar’s protectorate status?
“More acceptable for the half civilised races and more suitable to them”
Why did the British bomb Zanzibar in 1896, in a “war” that lasted only 38 minutes?
The Sultan died and his anti-British successor was not liked
When did the British lease Wei Hei?
1898
Which empire was Britain seeking to undermine by doing so?
Russia
What “game” was Britain playing with Russia?
The Great Game
Which other port had the above empire taken?
Port Arthur
What is the meaning of the word Geopolitics?
Taking land to prevent other powers from doing so
How much commercial value did WeiHaiWei have?
None
How long did Britain say they would lease would last?
“For as long as Russia should occupy Port Arthur”
The British coal industry reached its peak in 1913. How much was it exporting?
94 million tons
In the same year, what percentage of the textiles trade belonged to Britain?
70%
By the middle of the 1800s, how much did Britain export to Latin America (in terms of percentage)?
7%
What factor allowed Britain greater access to Latin American markets?
Some former Spanish colonies had broken away from the Iberian colonial system
What goods did Britain import from India by 1900?
Iron, steel, engineering goods
Explain as briefly as possible the impact Industrialisation had on Britain and her trading patterns.
Desire for cheap raw materials may explain Britain’s drive to access new markets and colonies
Give a statistic to illustrate population change in Britain across the period of Industrialisation. (1)
Manchester population, 2.3 million by 1911
Give a statistic to illustrate population change in Britain across the period of Industrialisation. (2)
Britain, 30.5 million by 1901
Britain declined as an Industrial power with the onset of competition from which other powers by the eve of the First World War? (name 3)
Germany, USA, Japan
How much of the world’s industrial output was British on the eve of the First World War? (Percentage)
27%
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