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Opium trade, in Chinese history, the traffic that developed in the 18th and 19th centuries in which Western countries, mostly Great Britain, exported opium grown in India and sold it to China. The British used the profits from the sale of opium to purchase such Chinese luxury goods as porcelain, silk, and tea, which were in great demand in the West, while addiction to opium became widespread in China, leading to social and economic problems there.
By 1773 the British had discovered the trade, and that year they became the leading suppliers of the Chinese market.The country traders sold the opium to smugglers along the Chinese coast. The gold and silver the traders received from those sales were then turned over to the East India Company.In the Treaty of Nanjing that ended the First Opium War in 1842, Britain made China pay a huge indemnity (payment for losses in the war). Britain also gained Hong Kong; The Treaty of Nanjing is the treaty which marked the end of the First Opium War and would have a lasting effect on East -West relations.
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Much has been said about this phrase, which in its origins simply indicated the origin of the production of a certain merchandise. Today, its use has spread beyond international trade.
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People in the south used slaves because their economy was focussed on things like cash crops (tobacco, cotton, etc.) These crops required a lot of work so farmers and plantation owners could not do it by themselves. So by using enslave persons they could harvest more crops, sell more, make more money, and in return boost the southern economy.
Answer: The anti-imperialists opposed expansion, believing that imperialism violated the fundamental principle that just republican government must derive from "consent of the governed." The League argued that such activity would necessitate the abandonment of American ideals of self-government and non-intervention—ideals ...
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They promoted greater social equality but failed to eliminate poverty.
