The term used to describe Britain's far-flung informal trading empire based on the import of raw materials and the export of manufactured goods and finance capital is

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The term "Pax Britannica" refers to the period of British imperial dominance from the mid-19th century to the early 20th century, characterized by economic and political stability, technological innovation, and the expansion of the British Empire through informal means such as trade and finance. This empire was largely based on the import of raw materials from colonized territories and the export of manufactured goods and finance capital to those same territories.

The Term Used to Describe Britain's Far-Flung Informal Trading Empire