Triangular trade. - 970 Words

Analyze the role of slavery and Triangular trade in the Colonial mercantile structure and for the primitive accumulation of Capital that allowed the take off of Capitalism? The slave trade originated in a shortage of labor in the New World. The first slaves used were Native American people, but they were not numerous enough and were being decimated by European cruelty and diseases. It was also impossible to convince enough Europeans to migrate to the colonies, despite attempts to distribute free land. Massive amounts of labor were needed for mining, but especially for the plantations, in the labor-intensive growing, harvesting and processing of sugar, cotton and other tropical crops which could not be grown profitably in Europe. Growing†¦show more content†¦The slave ship sailed from the home country with a cargo of manufactured goods. These were exchanged at a profit on the coast of Africa for Negroes, who were traded on the plantations, at another profit, in exchange for a cargo of colonial produce to be taken back to the home country. As the volume of trade increased, the triangular trade was supplemented, but never supplanted, by a direct t rade between home country and the West Indies, exchanging home manufactures directly for colonial produce. The triangular trade thereby gave a triple stimulus to British industry. The Africans were purchased with British manufactures; transported to the plantations, they produced sugar, cotton, indigo, molasses and other tropical products, the processing of which created new industries in England; while the maintenance of the Negroes and their owners on the plantations provided another market for British industry. Thus, we see the close connection between the slave trade and the development of capitalism in Europe. Capitalism represents an increased use of machinery and increased demanded for more raw materials. This led to the colonization of the Americas to secure land (raw materials), and to the slave trade which supplied the needed labor. Merchants accumulated the profits from the sale of slaves andShow MoreRelatedTriangular Trade Route And The Middle Passage Essay1042 Words   |  5 PagesTriangular Trade Research Paper The triangular Trade Route was a system of transferring goods, imports, and people throughout three different ports. Items were transported between the West Indies, Africa, and New England. The most known case of the Triangular Trade Route was in the 17th and 18th century when North American colonies would trade specific goods, like rum, in return for African slaves. The transfer of the slaves was referred to as the middle passage. The middle passage was a harsh andRead MoreThe Transatlantic Slave Trade Often Known As The Triangular1411 Words   |  6 Pages The Transatlantic Slave Trade often known as the triangular trade was described as the largest long-distance movement of people in all of history. The movement of Africa slaves to the Americas lastly for approximately four centuries and can be viewed as one of the first ideas of globalization . The ship would move from the Americas to Western Europe with raw materials, then to Africa with manufactured goods. Lastly, from Africa the Americas with African slaves. Thus the movement of overRead MoreEssay on Triangular Trade1888 Words   |  8 Pagesten million Natives. This exploitation and the introduction of these diseases to these people was done through the â€Å"triangular trade†. The triangular trade is a historical term referring to the 18th-century trade between South America, New England, and the west coast of Africa. 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This book was written with such close attention to detail that it gave the reader a sense of what life was like on board a slave boat. Johnson s writing style included many different techniques including the use of varying structure, imagery and language. All of these devices helped create a very successful story about slavery. This book tells the story aboutRead MoreThe Terrible Trade Of The Slave Trade2324 Words   |  10 PagesTerrible Trade Screams for relief, cries for comfort, and moans for death all revolved around the slave trade. The slave trade is an event that not only impacted Africa, but the whole world even still today. This essay will explain how cultures were ruined and families were torn apart. The slave trade has influenced history worldwide because it has impacted continents economically, socially, and politically. The Middle Passage received its name because it is in the middle of the Triangular Trade. TheRead MoreThe Terrible Trade Of The Slave Trade2289 Words   |  10 PagesThe Terrible Trade Screams for relief, cries for comfort, and moans for death all revolved around the slave trade. The slave trade is an event that not only impacted Africa, but the whole world. This essay will explain how cultures were ruined and families were torn apart. The slave trade has influenced history worldwide because it has impacted countries economically, socially, and politically. The Middle Passage received its name because it is in the middle of the Triangular Trade. Legs of the triangularRead MoreThe Age Of Exploration And Its Effects On Economic And Political Power1611 Words   |  7 Pagesconvention would most certainly be the newfound relation between, capitalism and globalization and their effects on economic and political power. However some countries succeeded in their endeavour of international trade, while others did not. 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