ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What did the English ship captains typically offer in trade for a cargo of captured African slaves?
A
Guns and finished products
B
Gold and Silver
C
Sugar and Molasses
D
Fish and timber
Explanation: 

Detailed explanation-1: -The captains of these ships sailed first to Africa, where they sold goods-textiles, metals, decorative items, and guns-for enslaved Africans, who were picked up either directly from African dealers or from coastal forts built by the company to hold already purchased slaves.

Detailed explanation-2: -A brief introduction to the slave trade and its abolition On the first leg, merchants exported goods to Africa in return for enslaved Africans, gold, ivory and spices. The ships then travelled across the Atlantic to the American colonies where the Africans were sold for sugar, tobacco, cotton and other produce.

Detailed explanation-3: -The schooner Clotilda smuggled African captives into the U.S. in 1860, more than 50 years after importing slaves was outlawed.

Detailed explanation-4: -It was the second of three stages of the so-called triangular trade, in which arms, textiles, and wine were shipped from Europe to Africa, enslaved people from Africa to the Americas, and sugar and coffee from the Americas to Europe.

Detailed explanation-5: -The first leg of the triangle was from a European port to one in West Africa (then known as the “Slave Coast"), in which ships carried supplies for sale and trade, such as copper, cloth, trinkets, slave beads, guns and ammunition.

There is 1 question to complete.