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Download as PDF; Printable version ... Triangular trade or triangle trade is trade between ... A 2017 study provides evidence for the hypothesis that the export of ...
A portrait of Tobacco Lord John Glassford, his family and servant c. 1767. The Tobacco Lords were a group of Scottish merchants active during the Georgian era who made substantial sums of money via their participation in the triangular trade, primarily through dealing in slave-produced tobacco that was grown in the Thirteen Colonies.
The "Triangular Trade". American planters responded to increased European demand by expanding the size and output of their plantations. The number of man-hours needed to sustain larger operations increased, which forced planters to acquire and accommodate additional slave labor.
One of the key contributors to globalization was the triangular trade and how it connected the world. The triangular trade or triangle trade was a system used to connect three areas of the world through trade. [43] Once traded, items and goods were shipped to other parts of the world, making the triangle trade a key to global trade.
A marker on the Long Wharf in Boston serves as a reminder of the active role of Boston in the slave trade, with details about the Middle Passage. [1] The Middle Passage was the stage of the Atlantic slave trade in which millions of enslaved Africans [2] were forcibly transported to the Americas as part of the triangular slave trade.
A triangular trade occurred in this period: between Africa, North and South America, and Europe; and it worked in the following way: Slaves came from Africa, and went to the Americas; raw materials came from the Americas and went to Europe; from there, finished goods came from Europe and were sold back to the Americas at a much higher price.
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Creek Town like many other coastal communities in West Africa was a major slave trading port during the period of the Triangular slave trade. The principal slave traders were the Efik as there is no evidence to suggest that the Efut Abua community partook in the exportation of slaves.