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Triangular trade.
Date Submitted: 09/10/2006 02:56:59
Category: / Social Sciences / Current Issues
Length: 4 pages (1001 words)
Category: / Social Sciences / Current Issues
Length: 4 pages (1001 words)
Analyze the role of slavery and Triangular trade in the Colonial mercantile structure and for the primitive accumulation of Capital that allowed the take off of Capitalism?
The slave trade originated in a shortage of labor in the New World. The first slaves used were Native American people, but they were not numerous enough and were being decimated by European cruelty and diseases. It was also impossible to convince enough Europeans to migrate to the …
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…same coin."
Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide.
Works cited
Blackburn, Robin. "Slavery and the rise of capitalism The Making of New World Slavery: from the Baroque to the Modern, 1492-1800."
Verso, 1997 (Pbk, 1998).
Williams, Eric. "Capitalism and Slavery." uncpress.unc.edu/books/T-1409.html -
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