HISTORY
NEW GLOBAL CONNECTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is an economic system, where African slaves were exchanged for raw materials, money, and finished goods? Those countries/continents involved included Ivory Coast (Africa), Europe, and the Americans.
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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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Explanation:
Detailed explanation-1: -Transatlantic slavery was especially lucrative because ships could sail with full holds on every stage of their voyage, making large profits for merchants in London, Bristol and Liverpool. Around 12 million Africans were enslaved in the course of the transatlantic slave trade.
Detailed explanation-2: -Those goods imported to Africa in greatest volume included cloth, iron and copper in raw and worked form, and cowry shells used by local populations as currency. Nonutilitarian items such as jewelry, beads, mechanical toys and curiosities, and alcohol also met a receptive audience.
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