The Nineteenth Century (1815-1914)

Types of Movement(Flow) - Teachoo.jpg

  • The world changed drastically during the nineteenth century.
  • Economic, social, political, cultural, and technological factors transform societies and develop external relations.
  • Economists categorized three types of movements or flows within the context of global economic change.
    • The flow of trade - Movement of goods across the globe.
    • The flow of labor -  Movement of people in search of employment.
    • The flow of capital - Short-term and long-term investments over long distances.
  • The types of movements help to understand the world economy better.

 

A World Economy takes shape 

  • In the late 18th century demands for food , and grains increased in Britain because of population growth.
  • Due to the rapid growth of industrialization and urbanization, demand for agricultural products increases and leading to inflation.
  • Government restricted the i mport of crops under Corn-laws.
  • After the abolition of Corn Law , food was imported into Britain more cheaply.
  • Agricultural land was left uncultivated and people migrate to other regions.
  • In the mid-nineteenth century, faster industrial growth in Britain resulted in more food imports and higher income.
  • Railways were introduced to connect the agricultural areas to the ports.
  • All the activities needed capital and labour.
  • Capital and financial aid flowed from London .
  • 50 million people migrated from Europe to America and Australia
  • By 1890, the global agriculture economy had been modified accompanied by labor movement patterns, capital flows, and technology.
  • British Indian Government built a network of irrigation canals to convert arid land to fertile agricultural land.

Role of Technology

  • Colonization enhanced the new investments and improvements in t ransportation.
  • The development of new technology such as r efrigerated ships helps in the transportation of perishable goods over long distances.
  • Animals were slaughtered for food in America , Australia, and New Zealand and then transported to Europe as frozen meat.

MEAT LOADED IN THE REFRIGERATED SHIP FOR EXPORT - Teachoo.jpg

 

Late nineteenth-century Colonialism

MAP OF COLONIAL AFRICA AT THE END OF THE 19TH CENTURY - Teachoo.jpg

  • Trade and markets flourished in the late 19th century.
  • Through numerous severe economic, social, and ecological transformations brought about by European conquest, cultures were integrated into the global economy .
  • Africa become colonized by the European powers.
  • Britain and France significantly expanded their oversea territories .
  • Belgium and Germany became colonial powers.
  • The US became the colonial power by conquering some colonies of Spain .

 

Rinderpest, or the Cattle Plague 

RINDERPEST OUTBREAK IN AFRICA - Teachoo.jpg

 

  • Africa in the 1890s faced the fast-spreading disease called cattle plague or rinderpest.
  • Rinderpest had a terrifying impact on the people and the country’s economy .
  • Rinderpest was carried by infected cattle imported from British Asia.
  • The loss of cattle destroyed African livelihoods
  • In the late 19th century, Europeans were attracted to Africa due to its vast resources of land and minerals.
  • Europeans came to  Africa to produce crops and minerals.
  • Colonial Government took the advantage of the epidemic situation and force Africans i nto the labor market.
  • European colonizers control the scarce resource of cattle and conquer Africa.

 

  Indentured Labour Migration from India

INDIAN INDENTURED LABOUR IN COCOA PLANTATION IN TRINIDAD - Teachoo.jpg

  • Indentured labor - A bonded labor under a contract to work for an employer for a specific amount of time.
  • Indians and Chinese laborers work in plantations, mines, and in road and railways construction projects across the world.
  • In India, Indentured labors were hired under contract.
  • Most of them come from  Uttar Pradesh , Biha r, and other states of Central India and Tamil Nadu.
  • Cottage industries declined, an increase in land rents, and land was cleared for mines and plantations resulting in debt and forced to migrate for work.
  • The prime destinations of Indian indentured migrants were Caribbean Island, Mauritius, Fiji, Ceylon, and Malaya 
  • Indentured was described as a new system of slavery.
  • The working conditions of workers were harsh and they have to follow strict legal norms .
  • From the 1990s Indian leaders oppose the system of indentured labour.
  • This system was abolished in 1921.

 

Indian Entrepreneurs Abroad

  • Earlier groups of bankers and traders financed the export of agriculture in Central and Southeast Asia.
  • They used their own funds or borrowed from European banks .
  • Indian traders followed European colonizers into Africa.
  • From 1860s, Hyderabadi Sindhi traders established emporia (Showrooms) across the world.

Indian Trade, Colonialism and the Global System 

TRADE ROUTES LINKED INDIA TO THE WORLD AT THE END OF 17TH CENTURY - Teachoo.jpg

  • Fine cotton produced in India was exported to Europe .
  • Tariffs were imposed on cloth imports into Britain.
  • The inflow of fine Indian cotton began to decline.
  • Indian textile faces stiff competition in other international markets.
  • Export of manufacture declined rapidly whereby export of raw materials increased equally fast.
  • Indigo is also an important export item .
  • Britain grew opium in India and exported it to China. 
  • The value of  British exports to  India was higher than the value of British imports from India.
  • Britain had a trade surplus with India.
Ask a doubt
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.