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4963435
Egypt
Description
Revision Notes On Egypt
No tags specified
history
as - level
Mind Map by
rjwcityfan
, updated more than 1 year ago
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Created by
rjwcityfan
over 8 years ago
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Resource summary
Egypt
Occupation
Ottoman empire in decline
GB don't want other countries to get it
fear threatening their interests
Suez canal
Large GB investement
GB banks loaned Egypt Enormous loans
1000 miles railway built
Schools
1863-1879 debt 3M - 100M
Interest rate 7%-20%
Building finished 1869
Economic advice
Requested by Ismali
Of GB + Fr
Cave report
Two problems
Ignorance, dishonesty of East
Poor economic managment
Resources sufficient if managed properly
1878 Anglo-French rescue plan
GB+Fr government officials control economy
Fr government
GB Economy
Dual control 1878-1882
Tax on food + goods
foreign loans interest rate to 5%
Restored financial stability
But increased unemployment
Nationalist uprising
1882 under Arabi Pasha
Wanted an end to Anglo french control
Law + order had collapsed
11th June riot in Alexandria
50 Europeans died
GB government order formal control
Royal Navy + Army bombard Egypt
1882 rebellion crushed
GB take full control
France annoyed
Take troops out of Sudan 1884
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