Chapter 3 - Trade + Commerce

By hdgsuybvs

  • Gold discovered in New South Wales, Australia

  • New canals developed in India on a large scale

  • Victoria produced £124mn worth of gold

    A third of total global production
  • Canals in Canada

    Canals in Canada

    Canals deepened around St Lawrence/Great Lakes Seaway system
    Welland Canal built

  • Diamonds discovered in Witwatersrand

  • 20% of British imports came from colonies

  • First commercial use of triple expansion steam engine

    First commercial use of triple expansion steam engine

  • Gold deposits found in Witwatersrand

    Gold deposits found in Witwatersrand
    Tin mines in Cornwall closed down
    Promoted gold rush
    Transvaal gold mines required skilled workers
    Over 30,000 travelled from Britain

  • Kimberly Diamond Syndicate established