answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why was the triangular trade considered the most important and profitable trading route in the world?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What made the triangular trade important?

Triangular trade was important because it was useful. It was mosty trading in the from of a triangle.


Is Forex day trading strategies can be profitable?

Forex day trading otherwise known as intraday trading can be profitable as well as interday trading. What's most important is the profitability of the strategy being used. A known risk in day trading is the high exposure to risks due to frequent opening of positions.


Where did new England ship sailed to carry-on Trade?

The New England ships sailed to England and Europe to carry on their trading. This was considered as a triangular trading agreement.


Where did New England ships sail to carry on trade?

The coonists traded their goods with the countries, England and Europe. They had triangular trade.


What was the main job in Athens?

Trading, fishing, sailing, and many more jobs were important in ancient Athens. Trading was considered the most important, and most people got their "drachmas" from it.


How did the triangular trading routes?

i do not know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1 sorry


Can one rely only on day trading for a living?

Research has shown that day trading can be either extremely profitable or extremely unprofitable. It is said to be very much like a gamble and although some can make a good living from day trading it is not considered lucrative for the average trader.


What was France's most important economic activity in North America in the 1600's?

The French established logging and fur trading in this area. It was a profitable business for many years for the French until the Louisiana Purchase.


Is currency trading profitable in the current economy?

Even in today's economic climate currency trading can be profitable. Before you start though you should research it and make sure you know what you are doing. If you do that then yes you can make a profit.


What was the main job in ancient Athens?

Trading, fishing, sailing, and many more jobs were important in ancient Athens. Trading was considered the most important, and most people got their "drachmas" from it.


The triangular trade was an example of trading some good for other good is the name generally you used for this kind of trade is?

The triangular trade was a historical trading system where goods (such as slaves, sugar, and rum) were exchanged between Europe, Africa, and the Americas. This type of trade is commonly known as a "triangular trade" due to the triangular route taken by ships moving between the three continents.


What exactly is day trading specifically?

Day trading is the process of quickly buying and selling stocks, sometimes in the same day. It is a very risky type of trading, but can be very profitable.