Source: https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-3-3-products-of-trade-and-commerce

[Revision notes](https://senecalearning.com/en-gb/revision-notes.md) › [A Level](https://senecalearning.com/en-gb/revision-notes/a-level.md) › [History](https://senecalearning.com/en-gb/revision-notes/a-level/history.md) › [AQA](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa.md) › Products of Trade & Commerce

# Products of Trade & Commerce

History: AQA A Level The British Empire, topic 1.3.3

## Products of Trade and Commerce

Different areas in the British Empire specialised in different products.

### Agriculture

![Agriculture](https://image-v2.cdn.app.senecalearning.com/2018-09/85029d28-f83b-4b6b-bac1-f380360be0eb/countryside-farming-agriculture-crop-wheat-field-.jpg)

- The main exports from Canada, Australia and New Zealand were cheap foodstuffs and raw materials (wool) at a cheaper price than Europe could offer.
- New Zealand exported wool and gold to Britain. 75% of all of New Zealand's exports went to Britain. Later, New Zealand exported frozen lamb to Britain. 
- The main exports from tropical colonies, such as South Africa, included cocoa, coffee, groundnuts, sugar, and palm oil.
- The main exports from North America and the Caribbean were sugar and tobacco. 
- The main export from India was tea. India also exported opium to China, leading to the Opium Wars.

### Mining

![Mining](https://image-v2.cdn.app.senecalearning.com/2018-08/71c5fcc3-04c2-4223-b484-27d2c721aefd/mining-856022_1920.jpg)

- The main export from Nigeria was tin.
- New Zealand exported gold to Britain. 
- The main export from the Gold Coast, Rhodesia, and South Africa (after 1886) was gold.
- The main export from Sierra Leone and South Africa (Kimberley) was diamonds.

### Industry

![Industry](https://image-v2.cdn.app.senecalearning.com/courseImages/biology/2.2.2%20Enzymes%202/factory.jpg)

- Industry in the British Empire was limited because it couldn't compete with manufacturing in Britain.
- In the 1870s, almost 2/3 of New Zealand's imports came from Britain. 
- Britain was known as the 'workshop of the world' because of its prowess in manufacturing after the Industrial Revolution.

## The Impacts of Trade and Commerce

There were pros and cons to trading with Britain.

### Effect of trade on colonies

![Effect of trade on colonies](https://image-v2.cdn.app.senecalearning.com/courseImages/chemistry/2.3.4%20Nanotechnology/question-mark-2492009_640-min.jpg)

- Pros of trade with Britain:
 - British investors and speculators invested in local colonial infrastructure. 
 - British colonies could borrow more money. 
- Cons of trade with Britain:
 - Being part of Britain's trading empire often involved losing national sovereignty and control of your country.

### Effect of trade on colonies cont.

![Effect of trade on colonies cont.](https://image-v2.cdn.app.senecalearning.com/2018-04/4fbf6927-87d4-4fc5-a15b-adc289184d8a/shutterstock_171153017.jpg)

- Most local investments were in infrastructure that was only accessible to the very rich. For example, India developed railway tracks for key routes well before running clean water was available for the population. 
 - The local population had to pay taxes to Britain or British trading companies. 
 - Trade led to the collapse of local indigenous industries. Countries were not encouraged to develop manufacturing industries, instead Britain wanted to export manufactured goods.

### The revival of chartered companies

![The revival of chartered companies](https://image-v2.cdn.app.senecalearning.com/2018-10/19706073-c378-4a9f-8f76-82702eb999eb/east-india-company-integration-.jpeg)

- A chartered company was a private company that had been granted a royal charter (usually a monopoly) to operate. 
- The East India Company was a chartered company that had operated lawlessly and ruthlessly in a quest to make a profit, conquering regions and bribing MPs. 
- Chartered companies became key from the 1870s when Britain's economic supremacy was challenged by other European powers. 
 - 1881: North Borneo Trading Company (specialised in coal, iron, and tobacco) founded. 
 - 1884: Imperial Federation League founded. 
 - 1889: British South Africa Company founded.

## Test yourself on Products of Trade & Commerce

- What proportion of New Zealand's imports came from Britain in the 1870s?
- What was Britain known as because of its prowess in manufacturing after the Industrial Revolution?
- Which of these was NOT a con of being part of Britain's trading empire?
- What were the disadvantages of being part of Britain's trading empire?
- When were the following chartered companies founded?

[Practise this topic for free](https://app.senecalearning.com/classroom/course/4dd48474-7381-4a8b-8d47-f52ec6b25dfd/section/6ce6c80e-ecb4-4508-85c5-91c654733a04/session)

- Previous topic: [1.3.2 Infrastructure of Trade & Commerce](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-3-2-infrastructure-of-trade-and-commerce.md)
- Next topic: [1.4.1 Explorers](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-4-1-explorers.md)

## History: AQA A Level The British Empire contents

### 1 High Water Mark of the British Empire, 1857-1914
- 1.1 Development of Imperialism, 1857-1890
  - [1.1.1 Empires over Time](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-1-empires-over-time.md)
  - [1.1.2 Key Questions About Empires](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-2-key-questions-about-empires.md)
  - [1.1.3 Expansion into Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-3-expansion-into-africa.md)
  - [1.1.4 History of Egypt](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-4-history-of-egypt.md)
  - [1.1.5 Control of Egypt](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-5-control-of-egypt.md)
  - [1.1.6 Control of Sudan](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-1-6-control-of-sudan.md)
- 1.2 Imperial & Colonial Policy, 1857-1890
  - [1.2.1 The British Empire & India](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-2-1-the-british-empire-and-india.md)
  - [1.2.2 The British Raj](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-2-2-the-british-raj.md)
  - [1.2.3 International Relations with other Powers](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-2-3-international-relations-with-other-powers.md)
  - [1.2.4 Scramble for Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-2-4-scramble-for-africa.md)
  - [1.2.5 The Informal Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-2-5-the-informal-empire.md)
- 1.3 Trade & Commerce, 1857-1890
  - [1.3.1 Trade & Commerce in the Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-3-1-trade-and-commerce-in-the-empire.md)
  - [1.3.2 Infrastructure of Trade & Commerce](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-3-2-infrastructure-of-trade-and-commerce.md)
  - [1.3.3 Products of Trade & Commerce](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-3-3-products-of-trade-and-commerce.md)
- 1.4 Attitudes Towards the Empire, 1857-1890
  - [1.4.1 Explorers](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-4-1-explorers.md)
  - [1.4.2 Missionaries](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-4-2-missionaries.md)
  - [1.4.3 Traders & Colonial Administrators](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-4-3-traders-and-colonial-administrators.md)
  - [1.4.4 Government Attitudes Towards Imperialism](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-4-4-government-attitudes-towards-imperialism.md)
- 1.5 Relations with Indigenous Peoples, 1857-1890
  - [1.5.1 Relations with India](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-5-1-relations-with-india.md)
  - [1.5.2 Relations with South Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-5-2-relations-with-south-africa.md)
  - [1.5.3 British-Boer Relations](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/1-5-3-british-boer-relations.md)

### 2 Imperial Consolidation & Liberal Rule, 1890-1914
- 2.1 Consolidation & Expansion in Africa, 1890-1914
  - [2.1.1 Consolidation & Expansion into Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-1-1-consolidation-and-expansion-into-africa.md)
  - [2.1.2 Consolidation & Expansion in South Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-1-2-consolidation-and-expansion-in-south-africa.md)
  - [2.1.3 Historical Interpretations: Expansion into Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-1-3-historical-interpretations-expansion-into-africa.md)
- 2.2 Imperial & Colonial Policy, 1890-1914
  - [2.2.1 Policy in India](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-2-1-policy-in-india.md)
  - [2.2.2 Policy in Egypt](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-2-2-policy-in-egypt.md)
  - [2.2.3 Native Policy in Colonies](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-2-3-native-policy-in-colonies.md)
  - [2.2.4 International Relations with Other Powers](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-2-4-international-relations-with-other-powers.md)
- 2.3 Trade & Commerce, 1890-1914
  - [2.3.1 The Benefits of Trade](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-3-1-the-benefits-of-trade.md)
  - [2.3.2 Costs of the Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-3-2-costs-of-the-empire.md)
  - [2.3.3 Debates Over Trade](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-3-3-debates-over-trade.md)
- 2.4 Attitudes Towards the Empire, 1890-1914
  - [2.4.1 Key Administrators - Chamberlain & Rhodes](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-1-key-administrators-chamberlain-and-rhodes.md)
  - [2.4.2 Key Administrators - Baring & Milner](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-2-key-administrators-baring-and-milner.md)
  - [2.4.3 Key Administrators - Curzon](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-3-key-administrators-curzon.md)
  - [2.4.4 Government Attitudes to the Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-4-government-attitudes-to-the-empire.md)
  - [2.4.5 National Efficiency & the Boer War](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-5-national-efficiency-and-the-boer-war.md)
  - [2.4.6 Popular Attitudes Towards Imperialism](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-4-6-popular-attitudes-towards-imperialism.md)
- 2.5 Relations with Indigenous Peoples, 1890-1914
  - [2.5.1 Challenges in India](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-5-1-challenges-in-india.md)
  - [2.5.2 Challenges in Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-5-2-challenges-in-africa.md)
  - [2.5.3 Challenges in South Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-5-3-challenges-in-south-africa.md)
  - [2.5.4 Historical Interpretations of the Boer War](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-5-4-historical-interpretations-of-the-boer-war.md)
  - [2.5.5 Relations & Business with Iran](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/2-5-5-relations-and-business-with-iran.md)

### 3 Imperialism Challenged, 1914-1967
- 3.1 Expansion & Contraction of Empire, 1914-1947
  - [3.1.1 Impact of WW1](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-1-1-impact-of-ww1.md)
  - [3.1.2 Palestine](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-1-2-palestine.md)
  - [3.1.3 Ireland & WW1](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-1-3-ireland-and-ww1.md)
  - [3.1.4 Impact of WW2 on the British Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-1-4-impact-of-ww2-on-the-british-empire.md)
- 3.2 Colonial Policy & Administration, 1914-1947
  - [3.2.1 Administration in India & Palestine](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-2-1-administration-in-india-and-palestine.md)
  - [3.2.2 Administration in Iraq & the Dominions](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-2-2-administration-in-iraq-and-the-dominions.md)
  - [3.2.3 Imperial Defence](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-2-3-imperial-defence.md)
- 3.3 Trade, Commerce & Economic Impact of War
  - [3.3.1 Economic Impact of WW1](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-3-1-economic-impact-of-ww1.md)
  - [3.3.2 Inter-War Trade & Commerce](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-3-2-inter-war-trade-and-commerce.md)
  - [3.3.3 Economic Impact of WW2](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-3-3-economic-impact-of-ww2.md)
- 3.4 Attitudes Towards the Empire, 1890-1914
  - [3.4.1 Colonial Administrators](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-1-colonial-administrators.md)
  - [3.4.2 Trusteeship](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-2-trusteeship.md)
  - [3.4.3 Gandhi](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-3-gandhi.md)
  - [3.4.4 Montagu, Haig & Linlithgow](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-4-montagu-haig-and-linlithgow.md)
  - [3.4.5 Cameron, Mitchell, Cohen & Furse - African Admins](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-5-cameron-mitchell-cohen-and-furse-african-admins.md)
  - [3.4.6 Imperialist Ideals](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-4-6-imperialist-ideals.md)
- 3.5 Relations with Indigenous Peoples, 1914-1947
  - [3.5.1 Ireland & India 1914-1947](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-5-1-ireland-and-india-1914-1947.md)
  - [3.5.2 The Middle East and Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/3-5-2-the-middle-east-and-africa.md)

### 4 The Wind of Change, 1947-1967
- 4.1 Decolonisation in Africa & Asia, 1947-1967
  - [4.1.1 Reasons for Decolonisation](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-1-1-reasons-for-decolonisation.md)
  - [4.1.2 Decolonisation in East & West Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-1-2-decolonisation-in-east-and-west-africa.md)
  - [4.1.3 Decolonisation in Central & South Africa](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-1-3-decolonisation-in-central-and-south-africa.md)
  - [4.1.4 Decolonisation in Asia](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-1-4-decolonisation-in-asia.md)
- 4.2 Colonial Policy & Administration, 1947-1967
  - [4.2.1 Relations & Business with Iran after WW2](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-2-1-relations-and-business-with-iran-after-ww2.md)
  - [4.2.2 The 'Winds of Change'](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-2-2-the-winds-of-change.md)
  - [4.2.3 The Suez Canal Crisis - 1956](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-2-3-the-suez-canal-crisis-1956.md)
  - [4.2.4 International Relations 1947-1967](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-2-4-international-relations-1947-1967.md)
- 4.3 Trade & Commerce, 1947-1967
  - [4.3.1 The Economic Impact of WW2](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-3-1-the-economic-impact-of-ww2.md)
- 4.4 Attitudes Towards the Empire, 1947-1967
  - [4.4.1 Colonial Administrators: Cohen & Arden-Clarke](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-4-1-colonial-administrators-cohen-and-arden-clarke.md)
  - [4.4.2 Local Leaders in the Independence Movement](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-4-2-local-leaders-in-the-independence-movement.md)
  - [4.4.3 Pan-Africanism in Nationalism](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-4-3-pan-africanism-in-nationalism.md)
- 4.5 Post-Colonial Ties, 1947-1967
  - [4.5.1 Windrush & Immigration](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-5-1-windrush-and-immigration.md)
  - [4.5.2 Commonwealth Immigrants Act](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-5-2-commonwealth-immigrants-act.md)
  - [4.5.3 Residual Impact of the Empire](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-5-3-residual-impact-of-the-empire.md)
- 4.6 Relations with Indigenous Peoples, 1947-1967
  - [4.6.1 Challenges to Colonial Rule Post 1947](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-6-1-challenges-to-colonial-rule-post-1947.md)
  - [4.6.2 Kenya & the Mau Mau Uprising](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-6-2-kenya-and-the-mau-mau-uprising.md)
  - [4.6.3 Nigeria & Rhodesia](https://senecalearning.com/en-gb/revision-notes/a-level/history/aqa/4-6-3-nigeria-and-rhodesia.md)