Question: How Much Money Did The British Empire Make?

How much money did the British Empire have?

British Empire: $683.3 billion (£542.8bn) The empire on which the sun never set, the British Empire was the largest in history for over a century and encompassed almost a quarter of the world’s territories and population at its peak..

Did the British Empire make a profit?

The British Empire reportedly didn’t earn a profit from its colonies. The costs of administration, of garrisoning an army, building or developing the infrastructure and buying off the local potentates meant the costs of the Empire cancelled out any taxes raised.

What made the British Empire so rich?

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. The key factor in the development of the Empire however, was the demand for sugar.

Did everyone benefit from the British Empire?

Everybody in British society benefited — from Colonialism; it is just that some did more than others. Those who benefited can be divided into four groups in order of their share: Shareholders and investors of ventures in the colonies. Colonial administrators working in the Colonies.

What did Britain gain from the British Empire?

With the help of Spain, France and the Netherlands, they won the war, and gained independence, becoming the United States of America. This marked the end of what is now called the ‘First British Empire’.

Why did Britain want an empire money?

Money was the main reason everyone wanted an empire. It could help with so much. You could take over and take control of things which is what the british people wanted to do. They were growing rapidly and needed more people in the army fighting for them so they could keep taking over more land.

How many did the British Empire kill?

1 million peopleSo, in total, over 290 years, Britain (and the Empire) probably ‘killed’ about 1 million people.

How did Britain rule the world?

The British Empire comprised the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It originated with the overseas possessions and trading posts established by England between the late 16th and early 18th centuries.

Why did Britain give up India?

One reason why the British were reluctant to leave India was that they feared India would erupt into civil war between Muslims and Hindus. The country was deeply divided along religious lines. In 1946-47, as independence grew closer, tensions turned into terrible violence between Muslims and Hindus.

What was the worst empire in history?

Top Ten Most Brutal Empires In History Mongol Empire. Mongols were messed up. … British Empire. Genocidal Britain == Jeffrey Dahmer amongst nations. … Japanese Empire. … Nazi Germany. … Assyrian Empire. … Ottoman Empire. … Belgian Empire. … Timurid Empire.More items…

What countries are still under British rule?

Current territoriesAnguilla.Bermuda.British Antarctic Territory.British Indian Ocean Territory.British Virgin Islands.Cayman Islands.Falkland Islands.Gibraltar.More items…