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Who beniffited from the slave trade?

Those who benefited from the slave trade included European colonial powers, slave traders, plantation owners, and industries reliant on cheap labor. The economic gains from the slave trade were significant for these groups, leading to wealth accumulation and economic development in Europe and the Americas.


Why did the Atlantic slave trade prosper?

The Atlantic slave trade prospered due to high demand for slave labor in the Americas to work on plantations and in mining. European powers and merchants benefited economically from the trade, as it provided cheap labor for agricultural production and contributed to the growth of their economies. The trade was also facilitated by factors such as colonial expansion, technological advancements in transportation, and the forced migration and exploitation of African peoples.


What states were benefited them commerce and slave trade compromise?

who did the commerce and slave trade compromise benefit


What companies benefited from the slave trade in the 1700?

Royal African Company


Why did Britain benefited with slave trade?

they got all the money from selling the slaves


The attempt of some colonial legislatures to end the African slave trade was blocked by?

The British They vetoed this slave trade


Which New England colony benefited the most from the African Slave Trade?

Rhode Island


Who benefited the most from the triangular trade?

The ship's owners made the most profit.


Why did the slave trade lead to underdevelopment in Africa and develpment in Europe?

The slave trade brought money and prosperity to Europe, but the slave trade was not the leading cause for the underdevelopment of Africa. That can be attributed to colonialism due to the fact that the colonizing countries took what resources they wanted and funneled the wealth derived back to their own countries. The colonial powers did not allow the native inhabitants opportunities or education and used them as slaves or indentured servants. That left the native people little means to develop their own countries and the colonial powers were not interested in the prosperity of those countries.


Which English cities benefited from the slave trade?

The two I know of for sure ar Manchester and Liverpool


Why did England pass the Navigation acts?

The purpose of these laws was to ensure that only England benefited from colonial trade. The Navigation Acts were a series of laws that restricted the use of foreign ships for trade between Britain and its colonies, occurring from 1651 to about 1851.


How did triangular trade affect colonial economies?

The colonial merchants benefited positively by the triangular trade. Several merchants, particularly those in Rhode Island, took the place of Europe in the triangle.