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Outline
Industrial Revolution Suez Canal World War I Great Depression
Origins
Britain (1750-1830) Gradual shift from rural and agricultural based production to modern, town-based, factory manufacturing
Why the shift?
Industrial Revolution
What happened?
New machines invented
e.g. spinning machine to make cloth (instead of by hand)
As a result
Because of new machines invented
People started to find work in factories (instead of agricultural work) Mass migration from countryside to city More raw materials needed from Asia
Impact on Singapore
Increase in trade 1880s: Main port-of-call in the region
Main link between East and West to collect and distribute goods
Communication improved
Straits of Melaka
Singapor e
Fun Facts
Who built it:
Ferdinand de Lesseps
Dangers of existing trade route Traders were demanding a safer and shorter route to the East as a result of the Industrial Revolution
As a result
The Mediterranean Sea was linked with the Red Sea Reduced traveling time between East and West Became one of the most popular and busiest waterways in the world!
Impact on Singapore
More affordable trading Increase in trade Over crowding of the Old Harbour
Background
How did War break out? Where was the War fought? Who fought in the War? Casualties of the War
People worried
Memorial Tablet
As a result
9,000 banks went out of business 9 million savings accounts wiped out 86,000 businesses failed 60% fall in wages 25% unemployment rate (15 million jobless)
Food Kitchens
The Unemployed
Impact on Singapore
Negatively affected trade Unemployment and hardship Government reaction
Quota imposed on number of immigrants allowed into Singapore Unemployed Indians and Chinese were deported back to home countries