England
england
Europe
Africa, The New World, and Europe all benefited from this.
American Banks and businesses
The early colonies in the Western Hemisphere depended on Europe for finished products. The Europeans benefited from the raw materials furnished by the colonies.
Spanish people benefited most from the Manila galleon trade.
The colonial merchants benefited positively by the triangular trade. Several merchants, particularly those in Rhode Island, took the place of Europe in the triangle.
The triangular trade system was successful due to its efficient exchange of goods and resources among Europe, Africa, and the Americas. Europe supplied manufactured goods to Africa, where they were traded for enslaved people, who were then transported to the Americas to work on plantations. The raw materials produced in the Americas, such as sugar and tobacco, were sent back to Europe, creating a profitable cycle that benefited each region economically. This system thrived on the demand for cheap labor and the lucrative nature of transatlantic trade.
The Europeans benefited from the slave trade more so than the Africans. Europeans traded mainly weapons to Africans, in which they sold their own people as slaves.
Europe's access to water has benefited the continent by providing essential resources for agriculture, industry, and transportation. It has fostered economic development, supported urban growth, and facilitated trade and communication. Additionally, Europe's waterways have historically played a key role in shaping the cultural and political landscape of the continent.
The ship's owners made the most profit.
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