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How did the triangular trade affect the world?
As slave labor was in high demand in the colonies, the triangular trade was lucrative for Europe, which allowed the trade to remain robust for centuries. The slave labor supplied to the colonies allowed for the proliferation of plantations, which in turn helped with the growth and prosperity of the New World.
What impact did the triangular trade had on the Americas?
Trade with Europeans led to far-reaching consequences among Native American communities, including warfare, cultural change, and disease. Although the British government attempted to control colonial trade through measures like the Navigation Acts, it only sporadically enforced trade laws.
What were the benefits of triangular trade?
Explanation: Investors made a great deal of money out of importing raw materials without necessarily acknowledging that slavery was an essential part of the process. Manufactured good also came from Europe to America.
What three continents were involved in the triangular trade and what did each of them trade?
The triangle, involving three continents, was complete. European capital, African labour and American land and resources combined to supply a European market. The colonists in the Americas also made direct slaving voyages to Africa, which did not follow the triangular route.
How did Triangular Trade affect colonial economies?
As more traders began using “triangular trade,” demand for colonial resources rose, which caused two tragic changes in the economy: More and more land was required for the collection of natural resources, resulting in the continuing theft of land from Native Americans.
What three continents were involved in the Triangular Trade and what did each of them trade?
What did they trade in the triangular trade?
On the first leg of their three-part journey, often called the Triangular Trade, European ships brought manufactured goods, weapons, even liquor to Africa in exchange for slaves; on the second, they transported African men, women, and children to the Americas to serve as slaves; and on the third leg, they exported to …