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The Impact Of Economics And Finance On Influencing Britain 's Relationship With Its African Empire

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Assess the changing significance of economics and finance in influencing Britain’s relationship with its African empire in the period c1870-c1981

Between 1870 to 1981, economic factors occurred throughout the 111 years. For a clearer explanation, Africa is divided into North, East, West and South, this enables us to analyse what the British Empire done in certain areas of Africa. Events within this period can be divided into three time periods, these are: 1870-1902 Expansion – this is mainly about the Scramble for Africa and Informal imperialism. 1903-1955 Consolidation –The British Empire attempts to maintain their power, during this era both WWI & WWII occurred which distinguishes a contrast of what the British concerns were. 1956-1981 …show more content…

South Africa was beneficial for Britain economically due to the Transvaal region (Northern Cape) as it brought in high profits from the diamonds found in Kimberley (1871) and gold that was mined from Gaueng (1886). This is one of the factors that helped the British Empire expand in Africa because they knew that South Africa provided a useful stop for ships on their way to India. Consequently, this resulted in conflict between British and the Boers, the Boers wanted a farming lifestyle whilst the British made the Boer’s country full of developing businesses and industries. Tensions between Boers and British led to the violent Boer War (1899-1902), which the British won. Britain was now very keen to ultimately control South Africa because of Rhodes desire for the Cape providing its strategic approach and economic value. Economic factors were the main reason for the expansion of Britain’s Empire within (South) Africa as well as strategic reasons because Britons wanted to grow the British empire but most importantly, their aim was to generate a high economic value as well as enhancing their opportunities to trade to other colonies.
In North Africa, there is evidence of highly influenced economic gain as well as strategic reasons for the British Empire’s expansion, for example, the seizing over the Suez Canal between Britain, France and Egypt. British interest for Egypt increased, as the Suez canal

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