USA HISTORY

Detailed explanation-1: -The Atlantic slave trade used a system of three-way trans-Atlantic exchanges – known historically as the triangular trade – which operated between Europe, Africa, and the Americas from the 16th to 19th centuries.

Detailed explanation-2: -Mercantilism led to the emergence of what’s been called the “triangular trade”: a system of exchange in which Europe supplied Africa and the Americas with finished goods, the Americas supplied Europe and Africa with raw materials, and Africa supplied the Americas with enslaved laborers.

Detailed explanation-3: -Rum and manufactured goods taken by New World merchants to Africa were sold in exchange for enslaved people. These slaves were taken to the New World and sold. Slavers used the proceeds to buy mahogany and molasses, and the cycle continued onward.

Detailed explanation-4: -The Triangular Trade, referring to a system of profitable exchange that encompassed Europe, Africa, and European colonial possessions in the Americas, took place from the 1500s to the 1700s.

Detailed explanation-5: -The triangle, involving three continents, was complete. European capital, African labour and American land and resources combined to supply a European market.