The Atlantic Slave Trade Europeans needed slave labor in their colonies to grow crops, mine, etc. Native Americans were used, but many died due to disease Death rate due to disease was extremely high Africans replaced the Natives as the main source of slave labor for the Europeans Completely changed the trade relationship between Europe and Africa
The Atlantic Slave Trade Timeline Spain and Portugal began the trade 1600-1700s Slave Trade grows dramatically 1690 England increases the Slave Trade 1870 The Atlantic Slave Trade ends
Atlantic Slave Trade Effects Begins a system of “Triangular Trade” Africa, Europe, and Americas all participate African rulers and traders made deals with Europeans for slaves Introduction of guns into African continent Western African economy and empires crumbled Slaves are transported through the “Middle Passage”
Triangular Trade
The Middle Passage
The Middle Passage The Slave Ships Once in the New World The captain could be a “tight” or “loose” packer “Tight” meant slaves would be placed lying on each other Typically 20 percent or more Africans would die on the way to the New World Disease, malnutrition, beatings, suicide Once in the New World Slaves were auctioned of to the highest bidder This could easily separate families Slavery was a life-long condition, as well as hereditary
The Middle Passage
Slavery in the New World Slave Resistance Slaves tried to keep their cultural heritage Musical traditions Ancestral stories Slave Rebellion Often broke tools or worked slowly Many ran away Numerous revolts throughout the years
The Growth of Global Trade Economic systems of Europe drastically changed Colonial empires that stretched through multiple continents led to a new business and trade practices Capitalism Joint-Stock Companies
What is Capitalism? Economic system based on private ownership and the investment of resources, such as money, for profit Economic system where things are owned by people or an individual, not by a government Profits allow individuals and businesses to become extremely wealthy, not just the government
What is a Joint-Stock Company? A business in which a number of investors combine their wealth for a common purpose Very similar to a modern-day corporation Early on in the 1500-1600s the purpose was colonization Overseas colonies were very expensive, but could be very profitable
Changes in European Society Exploration and colonization led to an economic growth and boom in Europe Spurred the growth of towns and cities Rise of the merchant class with great wealth European nations became very wealthy Power monarchs increased greatly Majority of Europeans still remained poor and rural, however
END