Colonial goods

Last updated

In economics, colonial goods are goods imported from European colonies, in particular coffee, tea, spices, rice, sugar, cocoa and chocolate, and tobacco. [1] [2]

Contents

At a time when food and agriculture represented a relatively large proportion of overall economic activity, economic statistics often divided traded goods between "colonial goods", "domestic (agricultural and extractive sectors) production" and "manufactured (secondary sector) production".

History

The term "colonial goods" became less appropriate with the collapse of the western European empires that followed the Second World War. It nevertheless still appeared in books and articles in the 1970s, by now covering not merely agricultural output from (formerly) colonial countries but all long-life staple foods, regardless of provenance, as well as soap, washing powder and petrol/gasoline, and other newly important basic household supplies. [3]

Colonial goods stores

Colonial goods stores were retailers specializing in colonial goods. The name is now used generically for grocery stores selling non-perishable items.

Notes

  1. Hersteller: Julius Meinl, Vienna. "Kolonialwaren (Kaffee, Tee, Kakao), 1. Hälfte 20. Jh" (in German). Technischen Museum Wien. Archived from the original on 2020-02-19. Retrieved 1 January 2015.
  2. "Aroma vom Paradies" (in German). Der Spiegel. 7 April 1980. Retrieved 1 January 2015.
  3. "EUROPAS BROT-UND-BUTTER-PLAN" (in German). Der Spiegel. 1 June 1960. Retrieved 1 January 2015.

Related Research Articles

<span class="mw-page-title-main">Economy of Denmark</span>

The economy of Denmark is a modern high-income and highly developed mixed economy. The economy of Denmark is dominated by the service sector with 80% of all jobs, whereas about 11% of all employees work in manufacturing and 2% in agriculture. The nominal gross national income per capita was the ninth-highest in the world at $68,827 in 2023.

<span class="mw-page-title-main">Economy of the Dominican Republic</span>

The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. The Dominican Republic is an upper-middle income developing country with important sectors including mining, tourism, manufacturing, energy, real estate, infrastructure, telecommunications and agriculture. The Dominican Republic is on track to achieve its goal of becoming a high-income country by 2030, and is expected to grow 79% in this decade. The country is the site of the single largest gold mine in Latin America, the Pueblo Viejo mine.Although the service sector is currently the leading employer of Dominicans, agriculture remains an important sector in terms of the domestic market and is in second place in terms of export earnings. Tourism accounts for more than $7.4 billion in annual earnings in 2019. Free-trade zone earnings and tourism are the fastest-growing export sectors. A leading growth engine in the Free-trade zone sector is the production of medical equipment for export having a value-added per employee of $20,000 USD, total revenue of $1.5 billion USD, and a growth rate of 7.7% in 2019. The medical instrument export sector represents one of the highest-value added sectors of the country's economy, a true growth engine for the country's emerging market. Remittances are an important sector of the economy, contributing $8.2 billion in 2020. Most of these funds are used to cover household expenses, such as housing, food, clothing, health care and education. Secondarily, remittances have financed businesses and productive activities. Thirdly, this combined effect has induced investment by the private sector and helps fund the public sector through its value-added tax. The combined import market including the free-trade-zones amounts to a market of $20 billion a year in 2019. The combined export sector had revenues totaling $11 billion in 2019. The consumer market is equivalent to $61 billion in 2019. An important indicator is the average commercial loan interest rate, which directs short-term investment and stimulates long-term investment in the economy. It is currently 8.30%, as of June 2021.

<span class="mw-page-title-main">Economy of Eritrea</span>

The economy of Eritrea has undergone extreme changes after the War of Independence. It experienced considerable growth in recent years, indicated by an improvement in gross domestic product in 2011 of 8.7 percent and in 2012 of 7.5% over 2011, and has a total of $8.090 billion as of 2020. However, worker remittances from abroad are estimated to account for 32 percent of gross domestic product.

<span class="mw-page-title-main">Economy of Germany</span>

The economy of Germany is a highly developed social market economy. It has the largest national economy in Europe, the third-largest by nominal GDP in the world, and fifth by GDP (PPP). Due to a volatile currency exchange rate, Germany's GDP as measured in dollars fluctuates sharply. In 2017, the country accounted for 28% of the euro area economy according to the International Monetary Fund (IMF). Germany is a founding member of the European Union and the eurozone.

<span class="mw-page-title-main">Economy of Jamaica</span>

The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar, and bananas.

<span class="mw-page-title-main">Economy of Mozambique</span>

The economy of Mozambique is $14.396 billion by gross domestic product as of 2018, and has developed since the end of the Mozambican Civil War (1977–1992). In 1987, the government embarked on a series of macroeconomic reforms, which were designed to stabilize the economy. These steps, combined with donor assistance and with political stability since the multi-party elections in 1994, have led to dramatic improvements in the country's growth rate. Inflation was brought to single digits during the late 1990s, although it returned to double digits in 2000–02. Fiscal reforms, including the introduction of a value-added tax and reform of the customs service, have improved the government's revenue collection abilities.

<span class="mw-page-title-main">Import substitution industrialization</span> Trade and economic policy

Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. The term primarily refers to 20th-century development economics policies, but it has been advocated since the 18th century by economists such as Friedrich List and Alexander Hamilton.

<span class="mw-page-title-main">Common Agricultural Policy</span> Agricultural policy of the European Union

The Common Agricultural Policy (CAP) is the agricultural policy of the European Commission. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has since then undergone several changes to reduce the EEC budget cost and consider rural development in its aims. It has however, been criticised on the grounds of its cost, its environmental, and humanitarian effects.

<span class="mw-page-title-main">Community-supported agriculture</span> Type of sharing system for food production and distribution

Community-supported agriculture or cropsharing is a system that connects producers and consumers within the food system closer by allowing the consumer to subscribe to the harvest of a certain farm or group of farms. It is an alternative socioeconomic model of agriculture and food distribution that allows the producer and consumer to share the risks of farming. The model is a subcategory of civic agriculture that has an overarching goal of strengthening a sense of community through local markets.

<span class="mw-page-title-main">Food distribution</span>

Food distribution is the process where a general population is supplied with food. The Food and Agriculture Organization (FAO) considers food distribution as a subset of the food system. The process and methodology behind food distribution varies by location. Food distribution has been a defining characteristic of human behavior in all societies, and recordings of food distribution date back for thousands of years. Most governments and societies are highly shaped by the systems created to support food distribution.

<span class="mw-page-title-main">Karstadt</span> German department store chain

Karstadt Warenhaus GmbH was a German department store chain whose headquarters were in Essen. Until 30 September 2010 the company was a subsidiary of Arcandor AG and was responsible within the group for the business segment of over-the-counter retail.

<span class="mw-page-title-main">Gerd Müller (politician)</span> German politician (born 1955)

Gerhard "Gerd" Müller is a German politician of the Christian Social Union in Bavaria, who is currently serving as Director General of the United Nations Industrial Development Organization since 2021.

<span class="mw-page-title-main">Matthias Berninger</span> German politician (born 1971)

Matthias Berninger is a former German politician and member of The Greens from 1993 until 2007.

<span class="mw-page-title-main">Three-sector model</span> Model in economics

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary). The model was developed by Allan Fisher, Colin Clark, and Jean Fourastié in the first half of the 20th century, and is a representation of an industrial economy. It has been criticised as inappropriate as a representation of the economy in the 21st century.

The Laotian Chinese are Laotian citizens of Han Chinese ancestry. They constitute one of the many Overseas Chinese residing in Southeast Asia. At present, they constitute an estimated 1 to 2 percent of the Laotian population. The Laotian Chinese community have a disproportionately large presence in the Laotian business sector and dominate the Laotian economy today.

<span class="mw-page-title-main">REWE Group</span> German supermarket corporation

The REWE Group is a German diversified retail and tourism co-operative group based in Cologne, Germany. The name REWE comes from Revisionsverband der Westkauf-Genossenschaften", meaning "Western Buying Co-operatives Auditing Association".

Lars Windhorst is a German entrepreneur and co-founder of Sapinda Group. He is best known for being the owner of fashion company La Perla.

<span class="mw-page-title-main">Butter mountain</span> Surplus of butter stockpiled in Europe

The butter mountain is a supply surplus of butter produced in the European Union because of government interventionism that began in the 1970s. The size of the surplus changed significantly over time and mostly disappeared by 2017, which led to shortages. Other surpluses were described as beef mountains, milk lakes, wine lakes and grain mountains.

<span class="mw-page-title-main">Colonial goods store</span> Retailers of goods from European colonies

Colonial goods stores are retailers of foods and other consumer goods imported from European colonies, called colonial goods. During the nineteenth century, they formed a distinct category of retailer in much of Europe, specializing in imported, non-perishable dry goods like coffee, tea, spices, rice, sugar, cocoa and chocolate, and tobacco.

<span class="mw-page-title-main">Germany–Vietnam relations</span> Bilateral relations

Germany–Vietnam relations are the bilateral relations between Germany and Vietnam.