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Published byPreston Garrett Modified over 9 years ago
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This Accursed Trade Why was there a Slave Trade?
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White Gold People in Europe had developed a sweet tooth – the trade in sugar and spices were lucrative Trade links to the East became blocked over land so a sea route to the east had to be discovered Instead of finding India, European explorers found the Caribbean and America – sugar and spices could both be grown there…
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Need for Labour In order to grow the amounts of sugar etc that was being consumed in Europe a large workforce was needed Europeans tried to do the work themselves, but it was backbreaking and there were not enough new settlers to do all the chores Europeans tried to force the indigenous people to do the work, but many of them died from European diseases or refused.
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Why Africa? Africans had been enslaving one another for hundreds of years Arabs had also used African slaves for a long time Africans tended to be immune to European diseases and were used to working in high temperatures Many Africans were open to bribes
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Triangular Trade The British were able to make more profit using a triangular method than by going directly to the Americas Cheaply produced pots, pans, guns etc were loaded on to ships and taken to West Africa The metal goods were swapped for human cargo (so the slaves had cost very little in real terms) The Slaves were then taken to the Americas and sold to the planters in return for sugar etc Sugar was taken back to the UK and sold for a huge profit.
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Map of Triangular Trade
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Profit margins British entrepreneurs only needed one ship which would contain the metal goods, slaves and sugar/rum/tobacco/cotton etc The price of making the metal goods was tiny in comparison with the money that could be made from selling sugar etc In some cases, the African slaves were ‘bought’ for as little as a few shells – which cost the British traders nothing
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Who benefited? Cities with ports: e.g. Liverpool; Glasgow; Bristol; Douglas (Isle of Man) Banks who gave loans to the ship owners to help them start businesses Factory owners who made clothes from the cotton brought from the Americas Middle Class families who used sugar or drank rum – perhaps they were even oblivious to the suffering caused by the demand they had for white gold?
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