How did America benefit from the slave trade?

Answer 1

By trading slave, Britain made huge profits. British people used to buy slaves from tribes in Africa for a very low price and sell them to rich people in their own country or outside for triple or four fold of the actual price. In the absence of slaves, most of the defense activities involved huge number of man-power. Britain saved on this man-power as well as the money spent to keep it by hiring slaves as labour force.

Trading of slaves also made daily life easy and comfortable in Britain. Slaves were hired to do almost every household task. It benfitted Britain to rise her standard of living. People were also able to contribute to art because of spare time.

Slave trading also helped Britain to emerge as the super power as far as colonisation was concern. Every nation regarded Britain as the symbol of power and subversion. Hence, Britain was able to spread her influence and culture across the globe.This influence was not optional,they forced changes in many countries,one of which were some of the laws of indias loved religion.It gave Britain an opportunity to precide over the international or internal issues of any nation.

Answer 2

Individuals benefited from the slave trade because it was now cheaper to but products such as rum cotton.etc. This was because the slaves had to pick cotton and coffee beans and they didnt get paid for it. Individuals benefited from the slave trade because it was now cheaper to but products such as rum cotton.etc. This was because the slaves had to pick cotton and coffee beans and they didnt get paid for it. Individuals benefited from the slave trade because it was now cheaper to but products such as rum cotton.etc. This was because the slaves had to pick cotton and coffee beans and they didnt get paid for it.

Answer 3

The slave trade made Liverpool the second city of the British Empire. The slave trade turned Liverpool from a srtuggling port to one of the most richest and successful trading centres in the world. Liverpool gained 90% of Britains share of the slave trade, this helped to build buildings like the Town Hall, Walton Hall, Allerton Tower, Reynolds park, Springwood, Otterspool park and many more. Hope this helps. I'm from Liverpool its a beautiful place so please visit, it lacks in tourism. Nadiaaaxx

Answer 4

They didn't they just got a life full of hard work and fear from everything. Their descendents benefited, because their descendents now live in one of the most prosperous countries in the world and have lots of opportunities they wouldn't have in Africa. However, the slaves themselves got a raw deal.

Answer 5

The Europeans bought the slaves from other Africans who had captured them in wars, so some Africans made lots of money selling slaves.

Answer 6

Much of the economy of the early US, especially the southern states, depended on slavery.