SETTLING NORTH AMERICA 1497 1732
RISE OF THE SLAVE TRADE BLACK HISTORY IN COLONIAL AMERICA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mercantalism
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Triangular Trade
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Market economics
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Feudalism
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Detailed explanation-1: -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-2: -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-3: -Boston’s “Cradle of Liberty, ” Faneuil Hall, stands only steps away from sites where merchants sold enslaved Africans whom they had trafficked across the Middle Passage from West Africa to North America.