answersLogoWhite

0


Best Answer

•1700 Liverpool was a remote sea port, its population was about 5000. it first started in 1709 when the Liverpool slaves traders went on their first voyage to buy and sell slaves. By 1771 there were 106 ships sailing a year from Liverpool. By 1800 Liverpool was a successful, booming city of 78,000 people. The slave trade in Liverpool provided many jobs. There were 8 sugar refineries and 15 rope factories. There were many factories making chains, anchors, iron, copper and brass rods for the slave ships. Slowly Liverpool became a rich city. Banks did well by lending money to the traders, the slave traders started making their own banks. The trade was very profitable that it was not just the upper class who took part in it.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

the boat captains the factory workers the slavers of the coastal tribes of Africa and more like the plantation owners profited from the slave trade also the europeans and people who bought slaves in America to grow crops for them in America for free

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

They got rich off slaves because they weren't paid. Hence 'slaves'

They would buy them from an auction block and then put them to work for mostly the rest of their lives, typically picking cotton. This cotton would then be sold to manufacturers thus the slave owner making a profit.

This answer is:
User Avatar

User Avatar

Wiki User

16y ago

they didnt but it made there life alot easier its kind of like how we have gardiners or we have someone do our lawn

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who profited from the slave trade?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which countries profited from slave trade?

Great Britain Was the country that profited the most from the SLAVE TRADE because it was the first counter to start. Also because it almost concoured the whole world and because of that it owend the right to sail on the seas and trade for slaves.


Who profited from the middle passage?

Slave traders profited from the Middle Passage. The Middle Passage is one of the most horrific moments in World History and it lined the pockets of the slave traders who captured human beings and sold them like objects.


How were some Africans involved in the slave trade?

Some Africans were involved in the transatlantic slave trade as intermediaries who captured and enslaved people to sell to European slave traders. Additionally, some African rulers and merchants profited from the trade by selling enslaved individuals in exchange for goods and weapons.


What group profited from the slave trade what was their motivation?

African kings profited from the slave trade because Europeans would give them cloth, spirit, tobacco, beads, cowrie shells, metal goods, and guns and in return they just gave up African they didnt care about. their motivation was keep selling slaves to get more goods for them selves


Who benefited from triangular trade?

European traders, African chiefs who profited from selling slaves, and plantation owners in the Americas who relied on slave labor all benefited from triangular trade.


What is the economic impact of the Arabic slave trade?

The economic impact of the Arabic slave trade was significant. Africa experienced a depletion of its population and labor force, resulting in economic and social consequences. The slave trade disrupted African societies and economies, hindering their development and contributing to long-term underdevelopment. The influx of wealth from the trade mainly benefited the Arab slave traders and those who profited from it in the Middle East.


What role did African tribes play in the slave trade?

African tribes participated in the transatlantic slave trade by capturing and selling individuals from rival tribes as slaves to European slave traders. Some tribes also profited from the trade by serving as middlemen for European slave traders. However, it's important to note that the majority of Africans enslaved and sent to the Americas were captured and sold by Europeans, rather than by their fellow Africans.


Who profited from the Huron Trade Network?

Trade is swiching so if you just think u will get it.


Who profited most from fur trade in the new world?

France


Which two groups profited from the fur trade?

Dutch and French


Monarchs paid their armies by?

Taxing towns that profited from trade


Which two groups profited from fur trade?

Dutch and France