Britain gained many benefits from being in the slave trade. The British government, for instance, took advantage of the slave trade and made an enormous amount of tax money from this trade. The tax money came from the profits that were made from British companies that sold goods such as tobacco, sugar, and coffee. These goods were produced on plantations in the West Indies using slavery. The government then used this tax money to fund the military, for instance. With this money, the British government was able to invest in better artillery, manufacture better-equipped ships and improve the training as well as skills of soldiers. These all contributed to strengthening the military, be it the navy or the army. Due to a large number of ships …show more content…
These sailors were very experienced in sailing and possessed many skills such as navigation. The slave trade sailors then passed their experience, knowledge, and skills on to the navy, which led to a stronger navy.
The slave trade also had an impact on British people. Slavery provided many jobs in various domains for citizens in Britain. As the slave trade became a popular industry for the nation, the demand for ships increased. Consequently, many jobs were created in the shipbuilding industry, which eventually led to a higher demand for sailors. As a result of the large number of jobs that became available, the living standards in Britain improved. With more money coming into the household of British citizens, more people were able to afford small luxuries and were able to treat themselves and their family more often.
While Britain saw a growth in the job industry, factories were constructed to provide Britain with access to raw materials. The British government used the profits that were made through the trade to set up factories and fund factory jobs. Merchants and planters, who became wealthy through the slave trade, also invested their profits in factories and inventions, which helped eventually led to the Industrial
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The capital of Great Britain was home to many companies such as the Company of Adventurers to Guinea and Benin, the Royal Adventurers, and the Royal African Company. Prominent Londoners, who were in favour of slavery, established these companies. The Company of Adventurers, for instance, was founded to trade with Africa and to transport Africans slaves to America. The Royal Adventurers were widely supported by the royal family, important London merchants and other notable people in London. In 1665, the company earned roughly 100,000 pounds from the slave trade. Even the Royal African Company had major connections with the capital of Britain. Its shareholders included many distinguished people, 15 mayors of London and 25 sheriffs of London. During 1672 and 1689, the company transported around 90,000 Africans to America. This shows that London was heavily involved in the transatlantic trade in enslaved Africans, due to the transport links provided by the River Thames and the London ports. As a result of this, the number of ports in London grew enormously and the capital became the largest slaving port in Britain until the 1730s. More than 50 ships a year left London to sail to West Africa. Between 1699 and 1807, 12,103 slaving voyages were made from British ports, of which London ports mounted 3,351 journeys. The slave trade brought a great deal of wealth to the London ports, as in
The transatlantic slave trade began in the 15th century, after the Portuguese started exploring the coast of West Africa. This had a long term effect on Africa because even though it started out benefiting the upper class in Africa, the long term effect was devastating. While the Europeans started to enter Africa, they enjoyed “the triple advantage of guns and other technology, widespread literacy, and the political organization necessary to sustain expensive programs of exploration and conquest”(Doc 4). Africa’s relations with Europe depended on common interests, which they did not have. Europe’s contact in Africa, involving economic exchanges and political relationships, was not mutually beneficial.
The transatlantic slave trade or triangular trade was a trade system involving Britain, Europe, Africa, America and the West Indies. Goods such as firearms and alcohol were taken from Britain to Africa in exchange for slaves. The slaves were then taken to America and the West Indies where they were exchanged for rum and sugar for the voyage back to Britain. It can be argued that the key reason for the development of the British economy in the 18th century was its role in the slave trade, although there were many other factors involved such as the industrial revolution and the British Empire.
With the help of cheap-slave workers, Southern plantations made their profit-margin greater. Exporting goods to Great Britain. Such as, cotton and tobacco. This was worthwhile, profitable for the Southern, “aristocrats”. The British thought of a plan to mess up the trade due to the fact that they were holding a large amount of British wealth.
Government contributed to the economic profitability of Britain. This salutary neglect contributed involuntarily to the increasing the colonial legal and legislative institutions, which ultimately led to American independence. Raw materials from colonies that also served as a market for English made goods the English government adopted the navigation acts
The colonies also provided rum, cotton, sugars, molasses and some products which were highly demanded by African imperialist. This meant the start of slave trade. The African imperialist sent slaves for labor into the colonies, we returned products and goods. Economically this meant a lot of money for both the British and the colonies, but the colonies had insufficient bullion. Gold and silver bullion was the means for the British economy, this forces the colonies to issue paper currency.
Britain used the colonies for trade, which gave Britain more money than they needed. The government used this money on “superb Royal Navy” (“The Mercantilist System”, n.d.). The Royal Navy not only protected the Britain colonies, but threatened the colonies of the other empires. This created some friction between the colonies and Britain, but
In document 3, it shows the African slave trade from 1500 through 1800. From Africa, they traded slaves to the West Indies, Jamaica, Haiti, Cartagena, Ecuador, Brazil, North America, and along the coast of Europe. Along the trade routes discussed before, they had
Long before Britain began penetrating the African continent, the American colonies were the lucrative source of income that helps to boost the economy back in England. There were expansion of cash crop plantations to fulfil the high demand of trade . Such plantation include cotton, sugar and tobacco. Britain utilized the natural resources to generate its own revenue in the expense of the colonies. Yet, the colonies had also flourished with the trade of import and export.
What Drove the Sugar Trade? The sugar trade began in 1655 and became a big deal to Britain. Wealthy men would buy property, produce sugar, and sell it to their home country for a low price. (Document 7) Sugar was a product that could be bought and sold easily, since it was in high demand.
Great Britain and South Saharan Africa imports and exports document E shows that the African colony wasn 't the best with money instead they would trade which is the main reason the Europeans took over. Imports from Africa were less while exports rose high. Great Britain made up to three million British pounds in 1854 and twenty-one in 1900 from import and export. African slaves were additionally being used to work British owned plantations in the colonies. Over all trading was a link to natural resources.
‘New money’ would allow upward social mobility. Also, there was lots of land that could be acquired, and that allowed for economic growth. Mercantilism was a way that the British kept economic control of the colonies. This way, the colonies would make money for Britain. The navigation acts and the sugar act were both laws enacted to restrict trade in the colonies.
The sugar trade was a money making machine and was driven by consumer demand, perfect farming land, and the hours of labor. In the seventeen and eighteen hundreds Great Britain had a money making business know as the sugar trade. The sugar trade made it so Britain would buy slaves from Africa and send them over to the Caribbean where they would farm sugar. The sugar trade was affected majorly by consumer demand.
Great Britain profited from the French and Indian War due to their gain in money, power, and land. One example of Great Britain profiting from the French and Indian War is the French gain in land control. The British took all of the lands from the East coast to Lousiana and they took over all of Canada from the French. They were able to claim the Ohio Valley,and they also captured the important city of Quebec from the French. From the article A history of Louisiana Before 1813 by Paul E. Hoffman, it stated,”Great Britain officially conceded Spanish ownership of Louisiana in February 1763 in one of the series of treaties ending the French and Indian War.
1.Great Britain controlled the economy in the colonies through trade. 2.Every culture or country traded so that they could receive all of the essential goods that they needed to survive. 3.Great Britain forced the colonies to trade only with them so they could make a profit, and also so they could obtain the things they needed from. 4.As a result of the New World not having all that the colonists needed , Great Britain would have those goods that the colonists could use to survive; so they traded their goods back and forth.
The Trans-Atlantic slave trade impacted and changed the world by misplacing and separating thousands of individuals from their families and homes. Thousands of people lost their lives when they were abducted and forced into slavery. Many did not survive the ship rides to the Americas. Many were murdered and tortured. Some were thrown of boats and died from diseases caught on the ship.