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Questions and Answers
What benefits did the Free Port status of 1819 bring to traders in Singapore?
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?
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)?
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?
What led to the East India Company's loss of dominant control of trade with China in the 1830s?
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What was the consequence of the Straits Settlements being run at a loss in the 1830s?
What was the consequence of the Straits Settlements being run at a loss in the 1830s?
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What was the significance of Singapore's Historical Milestone in 1867?
What was the significance of Singapore's Historical Milestone in 1867?
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