Economy & TradeThe 1840s

Economy & Trade in the 1840s

Every event in the Terralore archive tagged economy and trade — trade, currency, industry and resources, narrowed to the 1840s — 8 of them, drawn from 8 nations, running from 1840 to 1842. Each entry keeps the sources it was verified against and links back to the chronicle it came from.

Events
8
Nations
8
Earliest
1840
Latest
1842
Africa
3
Asia
2
South America
2
Europe
1

Every entry below is the same record, with the same sources, as the one on its nation’s chronicle.

  1. Africa

    Kenya

    Zanzibar becomes the Omani capital

    Sultan Seyyid Said moves the Omani capital from Muscat to Zanzibar, making the island the centre of a commercial empire to which the Kenyan coast was bound.

    Era: Portuguese and Omani Rule on the Coast

    Sources: History of Kenya · Wikipedia, Zanzibar and the Omani sultanate · Encyclopaedia Britannica

  2. Africa

    Malawi

    The Jumbe and the slave trade at Nkhotakota

    The Swahili-Arab trader Salim bin Abdallah, the Jumbe, established himself at Nkhotakota, which became a major slaving entrepôt on the western lakeshore; the Yao became leading participants in the trade across the lake.

    Era: Migrations, missionaries and the slave trade

    Sources: Malawi (country overview and history) · Encyclopaedia Britannica, History of Malawi · Wikipedia

  3. Asia

    Oman

    Said bin Sultan moves the capital to Zanzibar

    Said bin Sultan transferred his capital from Muscat to Zanzibar, making the island the commercial heart of his Indian Ocean empire and the chief power in East Africa.

    Era: The Al Bu Said Dynasty and the Empire of Zanzibar

    Sources: Said ibn Sultan, Omani ruler and Zanzibar sultan · Encyclopaedia Britannica, Al Bu Said dynasty · Encyclopaedia Britannica

  4. South America

    Peru

    The guano boom

    Exports of coastal guano as fertiliser bring the Peruvian state a vast but poorly managed windfall, funding reforms including the abolition of slavery in 1854.

    Era: The Young Republic and the War of the Pacific

    Sources: Peru: History · Encyclopaedia Britannica

  5. Asia

    Sri Lanka

    Plantation economy and Tamil labour migration

    British coffee and later tea estates transform the highlands; indentured South Indian Tamil labourers are brought in to work them, forming the Indian Tamil community of the plantation districts.

    Era: British Ceylon and the Road to Independence

    Sources: Sri Lanka: History · Encyclopædia Britannica

  6. Africa

    Tanzania

    Clove plantations and the caravan trade

    Zanzibar and Pemba become the world's leading clove producers, while caravans reaching to Lake Tanganyika feed a vast and brutal trade in enslaved people and ivory.

    Era: The Portuguese and Omani Zanzibar

    Sources: Saʿīd ibn Sulṭān · Encyclopaedia Britannica, Sultanate of Zanzibar (1856–1964) · BlackPast.org, Slavery in Zanzibar · Wikipedia

  7. South America

    Paraguay

    Carlos Antonio Lopez modernises Paraguay

    Ending Francia's isolation, Carlos Antonio Lopez opens the country, signs commercial treaties, and builds railways, foundries and schools while enlarging the army.

    Era: Independence, Dr Francia and the Lopez Dynasty

    Sources: Carlos Antonio Lopez · Encyclopaedia Britannica, History of Paraguay · Encyclopaedia Britannica

  8. Europe

    Luxembourg

    Entry into the Zollverein

    The reduced Grand Duchy joined the German customs union in 1842, binding its economy closely to the neighbouring German territories for the rest of the century.

    Era: The Grand Duchy, the Second and Third Partitions, and Neutrality

    Sources: Luxembourg (1914-1918) · 1914-1918-online International Encyclopedia of the First World War