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What is the term trianguler trade?

Triangular trade refers to a historical trade system that involved three regions or ports, typically characterized by the exchange of goods and commodities. Most notably, it describes the transatlantic slave trade, where European ships transported manufactured goods to Africa, enslaved people to the Americas, and raw materials back to Europe. This system facilitated economic exploitation and significantly impacted social and economic structures in the involved regions.


What is monetary trade?

Monetary trade refers to the exchange of goods and services using money as a medium of exchange, rather than barter or direct trade. It facilitates transactions by providing a standardized unit of value, making it easier to compare prices and conduct exchanges. This system underpins modern economies, allowing for increased efficiency in trade and enabling complex financial systems.


The barter system is a system of trade that operates without?

money


Does the greek economy translates literally as trade rules?

No, the Greek economy does not translate literally as "trade rules." The term "Greek economy" refers to the overall economic system and activities of Greece, encompassing various sectors such as agriculture, industry, and services, rather than just trade regulations. While trade plays a significant role in the economy, the concept is broader and includes factors like fiscal policies, employment, and investment.


What did the New England and Middle Colonies trade for gold or slaves in the triangular trade system?

Rum ;p

Related Questions

What does economic system?

The term "economic system" refers to the method by which trade and business organizations are regulated by the state.


The Atlantic Slave Trade refers to?

It refers to the forced transfer of Africans


Wii trade in?

There are many different things you can trade your Wii in for. You can trade this system in for another system or for money.


How do you trade on AQworlds?

You can not. AQworlds does not have a trade system.


What is the term trianguler trade?

Triangular trade refers to a historical trade system that involved three regions or ports, typically characterized by the exchange of goods and commodities. Most notably, it describes the transatlantic slave trade, where European ships transported manufactured goods to Africa, enslaved people to the Americas, and raw materials back to Europe. This system facilitated economic exploitation and significantly impacted social and economic structures in the involved regions.


The middle passage refers to the part of the triangular trade system that carried?

Africans from Africa to the west Indies and north America


What is the prefix Trade?

The prefix "trade-" refers to commerce or exchange of goods or services. It is often used in words related to business, such as trade agreement, trade show, or trade union.


What was the system of trade in Rhode Island in the 1700s?

It was the triangular Trade


What crop was the centerpiece of the south Atlantic system of trade and how did the system enrich Britain?

Sugar was the centerpiece crop in the south Atlantic system of trade.


What is triangler trade?

Triangular trade refers to a historical trading system that involved three regions, typically Europe, Africa, and the Americas. In this system, European traders transported goods to Africa, where they exchanged them for enslaved individuals. These enslaved people were then transported to the Americas and sold, with the profits used to purchase raw materials, such as sugar and tobacco, which were sent back to Europe. This trade network played a significant role in the transatlantic slave trade and the economic development of the regions involved.


Where can you trade in your Nintendo DSi for a Nintendo 3ds?

You can't trade JUST you DSi system in for a 3DS system anywhere.


What is monetary trade?

Monetary trade refers to the exchange of goods and services using money as a medium of exchange, rather than barter or direct trade. It facilitates transactions by providing a standardized unit of value, making it easier to compare prices and conduct exchanges. This system underpins modern economies, allowing for increased efficiency in trade and enabling complex financial systems.