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Economics Asked by a SnapAndSolve user · about 3 hours ago

How much money did Great Britain make from exports to South Saharan Africa in 1854?

1. How much money did Great Britain make from exports to South Saharan Africa in 1854? In 1900?
2. Describe the difference between Great Britain's imports from and exports to Africa in 1854 and 1900. Which experienced a higher rate of growth?
3. According to this chart, what benefit is Great Britain deriving from its African colonies?
4. How could this document be used to explain an important cause of European imperialism in Africa?
5. Are economic factors more of a driving force behind European imperialism than national pride? Than improved technology?

Answer

  1. In 1854, Great Britain made approximately 2 million British pounds from exports to South Saharan Africa. In 1900, this amount increased to approximately 21 million British pounds.

  2. In 1854, Great Britain's imports from Africa were approximately 4 million British pounds, while exports were about 2 million British pounds. By 1900, imports had increased to approximately 8 million British pounds, and exports had risen significantly to about 21 million British pounds. Exports experienced a higher rate of growth.

  3. The chart suggests that Great Britain is deriving significant economic benefits from its African colonies, as evidenced by the substantial increase in exports to Africa.

  4. This document could be used to explain that economic gain was a significant cause of European imperialism in Africa, as the increase in exports indicates a profitable trade relationship.

  5. Economic factors appear to be a significant driving force behind European imperialism, as indicated by the substantial growth in trade. However, national pride and improved technology also played important roles in facilitating and justifying imperial expansion.

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