6 Questions
What benefits did the Free Port status of 1819 bring to traders in Singapore?
Traders were able to trade freely with one another, and there were no taxes on goods.
What is the main difference between Transshipment and Entrepôt Trade?
Transshipment involves transferring goods from one ship to another in transit, while Entrepôt trade involves repackaging and redistributing imported goods and regional produce.
What were the main challenges faced by the government in Singapore during the early administration period (1819-1858)?
The government faced difficulties managing the expanding population and trade, raising funds for better port facilities, security, and social services, and relying on taxes from gambling, opium, and liquor.
What led to the East India Company's loss of dominant control of trade with China in the 1830s?
The British government opened up trade with China to other traders, reducing the EIC's control.
What was the consequence of the Straits Settlements being run at a loss in the 1830s?
The EIC cut costs, refused to spend more money to improve the Settlements, dismissed many officials, and cut the pay of remaining officials.
What was the significance of Singapore's Historical Milestone in 1867?
Singapore was put under direct control of the Colonial Office, and the Straits Settlements were converted into a Crown Colony of Britain.
Learn about the benefits of Singapore's free port status in 1819, including the advantages of transshipment and entrepôt trade, and how it attracted traders from various places.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
