What products came from the British Empire?

During the 19th century, Britain imported hundreds of commodities from all over the world. Ten of the most important were cotton, wool, wheat, sugar, tea, butter, silk, flax, rice and guano.

Which British colony was the most profitable?

Massachusetts Bay Colony was a British settlement in Massachusetts in the 17th century. It was the most successful and profitable colony in New England.

How did the British Empire make money?

British traders made fortunes from ships freighted with opium off the coast of China. They helped themselves to the riches of India. They planted new crops in their expanding colonies, like rubber in Malaysia. Britain became the world capital of money.

What did Britain gain most from its empire?

India, Britain’s most valuable and populous possession, achieved independence as part of a larger decolonisation movement, in which Britain granted independence to most territories of the empire.

What goods did Britain export to its colonies?

Exports to the colonies consisted mainly of woollen textiles; imports included sugar, tobacco and other tropical groceries for which there was a growing consumer demand. The triangular slave trade had begun to supply these Atlantic colonies with unfree African labour, for work on tobacco, rice and sugar plantations.

Which colony had the most revenue?

Among the mainland colonies, the white southerners were the richest, on average, with about twice the wealth of New England or the Middle Atlantic region. If we include the West Indies as one of the colonial areas, then its thriving sugar industry made it the wealthiest.

What were the most profitable colonies for the British in the 1700’s *?

The sugar colonies were Britain’s most valuable colonies.

How much money did the British Empire take?

Drawing on nearly two centuries of detailed data on tax and trade, Patnaik calculated that Britain drained a total of nearly $45 trillion from India during the period 1765 to 1938.

Why was the British empire so successful?

With land, with trade, with goods, and with literal human resources, the British Empire could grab more and more power. Profitability was key to British expansion, and the age of exploration brought wonderous and addictive delights to the British Empire.

What good did the British empire do?

The British empire brought many changes to many people and many countries. Some of these changes involved innovations in medical care, education and railways. The British empire fought to abolish slavery in the 1800s, but it profited from slavery in the 1700s.

What is the richest empire in history?

Fortune 5: The most powerful economic empires of all time

• The Roman Empire, circa 100 AD: 25 to 30\% of global output.
• The Song Dynasty in China, circa 1200 AD: 25\% to 30\% of global output.
• Mughal Empire in India, circa 1700 AD: 25\% of global output.
• The British Empire, circa 1870: 21\% of global output.