Monday, 17 December 2012

Slave Trade & the Industrial Revolution

The Atlantic hard worker profession was a key control force to the industrial revolution in Britain Britain experienced a huge industrial development from 1750 onwards. This development led to Britain world unitary of the wealthiest countries in the world. The changes and development happened at the same occlusion of time that the slave trade was at its peak and Britain was one of the countries most heavily involved. Britain also played the biggest role in the trade out of any other European country. Is this b arly coincidence or is there a connection amongst these two? Was the slave trade causing Britains growth in economy and industrial development? Seeing as the ports, much(prenominal) as the ports in Bristol and Liverpool became wealthy, more jobs were created, and individuals who became wealthy from the slave trade invested their money into the development of industries, it is safe to say that the Atlantic slave trade played the main role in the industrial revolution. By the end of the 17th century an enormous number of slaves were being transported by the British, twice as many slaves as their closest competitors, the Dutch. In the 18th century virtually 1 100 ships were fitted out in England for the slave trade. There are also estimates that about 3 million people were transported into thraldom in the 18th century.
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Because of this, the economy benefited hugely and from the profits made, Britain was fitting to afford the development in the industry. In the triangular trade, things were low gear to be on demand from the British, such as glassware, pig bed and guns. The products sold to the people were sold at a about three times their original price meaning a huge profit was being made. The profits brought in had a very positive effect on the economy growth. This so leads us to belief that the triangular trade played an distinguished role in the rise of Britains economy. Many of the ports, such as Liverpool, became very wealthy during the slave trade. This was mainly because of the... If you want to deposit a full essay, order it on our website: Ordercustompaper.com

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