What was the consequence of the triangular trade?

What was the consequence of the triangular trade?

Triangle trade allowed for Europe’s economic development in many ways. Trade with Africa and the Americas allowed for increased access to raw goods and the growth of the shipping industry, which in turn led to additional jobs for Europeans.

What are the disadvantages of slavery?

History of slavery

• Capital is required up-front to buy the slaves.
• Recruitment costs can be high if slaves run away or die and must be replaced.
• Supervision and guarding costs are high.
• Slaves are often un-productive, either deliberately or because of poor conditions.

How did West Africa benefit from the triangular trade?

West African slavery Most slaves were sold to the Europeans by other Africans. Ashanti (modern day Ghana) traded their slaves in exchange for goods such as cloth, alcohol and guns. They then used their new resources to become more powerful and to fight wars against their neighbours in order to capture more slaves.

What effects did the triangular trade have on Africa?

The slave trade had devastating effects in Africa. Economic incentives for warlords and tribes to engage in the slave trade promoted an atmosphere of lawlessness and violence. Depopulation and a continuing fear of captivity made economic and agricultural development almost impossible throughout much of western Africa.

Why was enslavement a problem in the triangular trade?

Enslavement was hardly a new concept to Africa when Europeans began exploring the region, mostly done to criminals and war captives. Increased European demand for slave labor, however, increased the number of people captured and sold whole sale to the slave ships.

Why was the triangular trade important to the 13 colonies?

Triangular Trade – Goods traded by the 13 Colonies: Triangular Trade was made possible by the establishment of the 13 Colonies in Colonial America and their surplus of raw materials.

Why was trade banned in the New World?

Most European colonies in the New World, especially cash crop producers, were completely banned from trading with either their colonial neighbors or European ports that did not belong to their mother countries.

Where did the Portuguese use the triangular route?

Portuguese navigators in particular established a kind of triangular route while exploring the western coast of Africa with the aid of the Northeast trade winds that dominate the tropics, returning to Europe not by reversing course, but sailing northwest to the Azores and catching the Southwest Westerlies home.