Legitimate Trade Lesson Objectives

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18 Questions

What was one of the major commodities traded during the Legitimate Trade?

Ivory

In the Legitimate Trade, what was the system of exchange primarily used?

Barter system

Who served as middlemen or the merchant class supplying products to Europeans in the Legitimate Trade?

Local chiefs in Africa

What was the trust system in the Legitimate Trade based on?

Credit

What sparked the development of the Legitimate Trade after the abolition of the transatlantic slave trade?

Industrial revolution in Europe

Which agricultural produce from Africa was NOT commonly traded during the Legitimate Trade?

Cocoa

What were some of the raw materials in high demand by Britain and other European countries?

Palm and groundnut

What did African traders use to convey palm oil from the hinterlands to the coastal areas?

Canoes

Who acted as middlemen buying palm oil cheap in the hinterlands and selling them to Europeans at high prices?

African chiefs

Which European countries were represented in Nigeria by their home firms or companies?

Britain, France, Germany, Spain

What did African traders acquire to aid in the transportation of palm oil?

Personnel and security

What was the general system where African chiefs bought palm oil cheaply from the hinterlands and sold them at high prices to Europeans called?

Trust system

What was the main commodity that the British concentrated on trading with the people of Nigerian territories?

Palm produce

Which European group played a significant role in the colonization of Nigeria by focusing on evangelism?

Missionaries

What was a major reason for the British to colonize Nigeria according to the text?

To access Nigeria's resources

Who were the first group of European intruders in Nigerian hinterlands, primarily interested in scientific discoveries?

Explorers

Which economic activity contributed significantly to the British decision to colonize Nigeria?

Industrialization

What motivated the British to trade with the people of Nigerian territories?

To exploit raw materials and cheap labor

Learn about Legitimate Trade, its origin, commodities traded, and features. Explore how the Legitimate Trade was established in the 19th century, focusing on raw materials from Africa. Discover the connection between Legitimate Trade and commodity trading post abolition of transatlantic slave trade.

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