External Events that affected Singapore
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External Events that affected Singapore

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Presentation of external events that affected

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    External Events that affected Singapore External Events that affected Singapore Presentation Transcript

    • external events that affected singapore
    • external events that affected singapore
      • Industrial Revolution
      • Suez Canal
      • Developments in Asia
      • World War I
      • The Great Depression
        • During certain periods in history, innovations in technology grew at such a rapid pace that they have produced what have become known as industrial revolutions.
        • The term INDUSTRIAL REVOLUTION originally referred to the developments that transformed Great Britain, between 1750 and 1830, from a largely rural population making a living almost entirely from agriculture to a town-centered society engaged increasingly in factory manufacture.
        • Other European nations underwent the same process soon thereafter, followed by others during the 19th century, and still others (such as Russia and Japan) in the first half of the 20th century. In some countries this transformation is only now taking place or still lies in the future.
    • EFFECTS OF IR ON SINGAPORE
      • Increase in Trade
        • Steamships
        • more European ships sailed to the East
        • Increase in the number of ships visiting Singapore
        • Singapore became a port of call in the region
    • EFFECTS OF IR ON SINGAPORE
      • Improvement in Communications
        • Letters - 4 to 5 months to reach Singapore from Europe
        • Steamships - 5 weeks in the 1860s
        • Singapore brought into closer contact with Britain and the rest of the world
    • OPENING OF THE SUEZ CANAL
    • OPENING OF THE SUEZ CANAL
    • OPENING OF THE SUEZ CANAL
      • Artificial waterway from Port Said to Suez, linking the Mediterranean and Red Seas; 160 km long.
      • Separates Africa from Asia and provides the shortest eastwards sea route from Europe
      • Opened in 1869, nationalized in 1956, blocked by Egypt during the Arab-Israeli War in 1967, and not reopened until 1975.
    • EFFECTS ON SINGAPORE
      • Increase in Trade
        • Savings in distance and time
        • Reduce shipping cost
        • Singapore traders found it faster and cheaper to get goods from Europe
        • Increased trade for Singapore as a result of increased speed and volume of ships
    • EFFECTS ON SINGAPORE
      • Improvement in Port facilities
        • Problems at the Old Harbour
        • Unable to cope with the large number of ships
        • New Harbour - renamed Keppel Harbour in 1900
        • New facilities were built
    • DEVELOPMENTS IN ASIA
      • Opening up of China
        • Entrepot trade with China and surrounding areas
        • Traders’ unfounded fears of opening up Chinese ports
        • Instead, it increased Singapore’s trade
    • DEVELOPMENTS IN ASIA
      • Development of Malaya
        • Spread of British control brought about peace and order in Malaya
        • Invention of motor-car and tin-canning industry
        • Great demand for rubber and tin
        • Singapore became the chief port for trade in tin and rubber
    • WORLD WAR I
      • Effects on Singapore
        • Rush for food
        • Trade threatened
        • Indian Mutiny
    • THE GREAT DEPRESSION
      • The Great Depression took place from 1930 to 1939, starting with the US and spreading to the rest of the world
      • During this time the prices of stock in the US fell 40%. 9,000 banks went out of business and 9 million savings accounts were wiped out.
      • 86,000 businesses failed, and wages were decreased by an average of 60%. The unemployment rate went from 9% all the way to 25%, about 15 million jobless people.
    • THE GREAT DEPRESSION
    • THE GREAT DEPRESSION
    • THE GREAT DEPRESSION
    • EFFECTS OF G.D. ON SINGAPORE
      • Trade and Business
        • America and Europe were the biggest buyers of tin and rubber
        • Businesses trading in these commodities were badly affected; many closed down
    • EFFECTS OF G.D. ON SINGAPORE
      • Unemployment and Hardship
        • many people suffered
        • Government had to retrench workers and many suffered pay cuts
        • By 1931, one third of the population was out of job
    • THE GREAT DEPRESSION
      • Government’s Response
        • Passed a law in 1930 to restrict and reduce the number of immigrants coming to Singapore
        • Arranged for large numbers of Indian and Chinese to return home
    • CONCLUSION
      • Countries are interdependent
      • Singapore is affected by external events
      THE END
    • THE GREAT DEPRESSION
      • It isn't easy to give a brief summary of the Great Depression. It was, without a doubt, the longest and most severe economic downturn in American history. Widely held to begin with the stock market crash of 1929, the Depression lasted until the advent of American involvement in World War II. Unemployment skyrocketed during the Depression years, reaching levels as high as one third of the population. Output shrank tremendously, falling by ten percent a year from 1929 to 1932. Nearly half of the commerical banks of the United States failed during the Depression. Crop prices fell by over fifty percent. People went hungry because so much food was produced that production became unprofitable. Others were unemployed because they had produced more than could be sold. Huge numbers of Americans had their lives upset by the Depression. Tens of thousands of migrant farm workers travelled the nation looking for employment. Homelessness, poverty and general despair characterized much of the nation.