Triangular trade

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The three way trade in the North Atlantic:  Sugar > Rum > Slaves.
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The three way trade in the North Atlantic: Sugar > Rum > Slaves.

Triangular trade is the historical term referring to the 18th-century trade among the West Indies, New England, and the west coast of Africa. The commodities involved were several, but principally they were sugar, rum, and slaves. The trade brought much wealth to North America and the profits ultimately became the foundation of American capitalism, though a free-market economy continued to thrive long after the abolition of slavery in the U.S.

[edit] Great Britain-British North America-Caribbean

The term "Triangle Trade" is also used to refer to a trade pattern which evolved after the American Revolutionary War between Great Britain, the colonies of British North America (BNA), and British colonies in the Caribbean. This typically involved exporting raw resources such as fish, lumber, and fur from BNA colonies, sugar and molasses from the Caribbean, and various commodities from Great Britain.

The trade pattern existed through the 19th century and in some format in the 20th century until it was disrupted by World War II. Trade expanded in the post-war period to include the United States and other Western Hemisphere nations.

Triangular Trade

The early days of American economy were filled with trading and bartering. Supplies would come in be sold and then that money would b used to pay for other supplies. Goods came from two main sources: England and Africa. This was known as the triangular trade since the three points made a triangular shape. The trade was broken down to a continuous pattern. The first leg being England where supplies such as beads, cloth, hardware, weapons, rum, and salt would be shipped to a port in Africa. When the ship arrived it would sell the cargo in exchange for slaves. Then came the tough part, the ship would make the passage to America where it would ten weeks or more. Africans who had been captured and enslaved would be chained and so tightly packed that some couldn’t even lie down. Once the ship reached the “New World” the slaves would be sold and the ships would be loaded with rum, molasses, sugar, or tobacco then sailed right back to England to complete the triangle. Not all ships followed this route some just traveled from Africa to America constantly while others never went to America. The triangular trade is a description of trading as a whole. It’s hard to tell exactly how many slaves were captured, enslaved and sold but an estimate has been set around 10 million being shipped to the Western Hemisphere. That number does not include the Africans who were captured and put on ships but did not make the voyage to America alive. Some estimate that 15 to 25 of every 100 Africans died on the voyage. In the early nineteenth century the slave trade began to diminish because people were starting to stand against the trafficking of human beings and the industrial revolution was making manly labor need decrease. Then in 1807 slave trade was made illegal in the United States and British colonies. In 1833 Parliament passed a law making slave trade illegal in all its territories. Slavery did not completely end in the United States till 1865 when a law was passed to free all slaves. But the slaves escaped because they later revolted which included George Washingtons birth.Along with that a man by the name of Albericci Bartolo fought in the war against the salve trade,but was made into a slave

[edit] See also

  1. History of Sugar
  2. Rum in Colonial America
  3. Atlantic slave trade
  4. Industrial Revolution