What was traded in the triangular trade?
On the first leg of their three-part journey, often called the Triangular Trade, European ships brought manufactured goods, weapons, even liquor to Africa in exchange for slaves; on the second, they transported African men, women, and children to the Americas to serve as slaves; and on the third leg, they exported to …
How was the triangular trade developed?
At least two overlapping patterns of trans-Atlantic trade developed in the colonial era whereby profits from rum and other American and British manufactured goods sold on the west coast of Africa financed the purchase of enslaved Africans.
What effect did the triangular trade have on America?
As more traders began using “triangular trade,” demand for colonial resources rose, which caused two tragic changes in the economy: More and more land was required for the collection of natural resources, resulting in the continuing theft of land from Native Americans.
Why did the triangular trade end?
The Transatlantic Slave Trade
The slave trade made many people very rich but also ruined the lives of those captured into slavery. As resistance grew and profit declined, the trade was finally abolished.
Why is the triangular trade significant?
Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus provides a method for rectifying trade imbalances between the above regions.
Who benefited the most from the triangular trade?
New England. New England also benefited from the trade, as many merchants from New England, especially the state of Rhode Island, replaced the role of Europe in the triangle. New England also made rum from Caribbean sugar and molasses, which it shipped to Africa as well as within the New World.
What effects did the triangular trade have on Africa?
The size of the Atlantic slave trade dramatically transformed African societies. The slave trade brought about a negative impact on African societies and led to the long-term impoverishment of West Africa. This intensified effects that were already present amongst its rulers, kinships, kingdoms and in society.
What was the last leg of the triangular trade?
The second stage of the Triangular Trade, The Middle Passage, involved shipping the slaves to the Americas. The third, and final, stage of the Triangular Trade involved the return to Europe with the produce from the slave-labor plantations: cotton, sugar, tobacco, molasses and rum.
How were slaves captured in Africa?
Most slaves in Africa were captured in wars or in surprise raids on villages. Adults were bound and gagged and infants were sometimes thrown into sacks.
How many years did the triangular trade last?
Slaves were imprisoned in a factory while awaiting shipment. Current estimates are that about 12 million to 12.8 million Africans were shipped across the Atlantic over a span of 400 years.