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Triangular trade. Triangular trade or triangle trade is trade between three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. It has been used to offset trade imbalances between different regions.
The Atlantic slave trade or transatlantic slave trade involved the transportation by slave traders of enslaved African people to the Americas. European slave ships regularly used the triangular trade route and its Middle Passage. Europeans established a coastal slave trade in the 15th century and trade to the Americas began in the 16th century ...
t. e. 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 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.
t. e. The slave codes were laws relating to slavery and enslaved people, specifically regarding the Atlantic slave trade and chattel slavery in the Americas. Most slave codes were concerned with the rights and duties of free people in regards to enslaved people. Slave codes left a great deal unsaid, with much of the actual practice of slavery ...
The colonial molasses trade occurred throughout the seventeenth, eighteenth and nineteenth centuries in the European colonies in the Americas. Molasses was a major trading product in the Americas, being produced by enslaved Africans on sugar plantations on European colonies. The good was a major import for the British North American colonies ...
The slaves also completed the trading process known as Triangle trade. The south and Chesapeake's point of the triangle involved the import of slaves from Africa, and the exporting of tobacco and other goods to England. [6] The agricultural society affected which items southern colonists exported.
Mercantilism. Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports for an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade.