The triangle trade route significantly impacted European slave traders by facilitating the systematic capture and transport of enslaved Africans to the Americas, where they provided labor for plantations. This trade generated immense profits for European traders and investors, driving an economic boom in ports involved in the trade, such as Liverpool and Nantes. Additionally, it fostered a brutal and dehumanizing system that entrenched racial hierarchies and justified the exploitation of enslaved people, ultimately shaping European economies and societies. The wealth accumulated from this trade also played a role in financing the Industrial Revolution.
European traders used the Ohio river as a major transportation and trading route.
There are many reasons for that decision taken by the traders. 1. In general transporting will be cheap if you take the route via sea than the land. (Ref: An inquiry into the Wealth of Nations by Adam Smith) 2. before European traders discovered the sea route to Asia, they use to take the land route, which passes via the middle east. And when once the sea routes were discovered the costs of many imported goods fell to one third of its value. So the European traders started to travel to Asia by the sea.
The New World was discovered by ships. Traders were looking for an easier route to the east indies.
They thought they could find a water route to Asia.
I think that Columbus' voyages affected a lot of Europe's exploration because now all explorers were going different directions and doing undone feats, trying to find a route to Asia and India.
European traders used the Ohio river as a major transportation and trading route.
There are many reasons for that decision taken by the traders. 1. In general transporting will be cheap if you take the route via sea than the land. (Ref: An inquiry into the Wealth of Nations by Adam Smith) 2. before European traders discovered the sea route to Asia, they use to take the land route, which passes via the middle east. And when once the sea routes were discovered the costs of many imported goods fell to one third of its value. So the European traders started to travel to Asia by the sea.
to find a sea route to the East
the middle route
Chubby
The shortest leg of the triangular trade routes was typically the route from Europe to Africa, where European traders exchanged manufactured goods for enslaved Africans.
The triangle trade route.
The Europeans were looking for a water route to Asia. Shipping technology and ships had improved and the fact that people wanted the goods from Asia. If a shipping route could be found it would have meant big money for the traders, ships, and crowns involved.
Polo's book was a best seller. He described places, people, and things that no one had ever seen. For men like Columbus it was a call to explore and to find ways to bring back the things people wanted. The man/country that found a water route to Asia would be very rich and dominate the waterways to Asia. This was motivated by riches, fame, and power.
This was part of the Triangle Trade Route used by slavers. They picked up their slaves in West Africa using iron and trade goods to barter with the slave catchers and slave traders. They delivered the slaves across the Middle Passage where they bartered their cargo to Plantation owners and slave traders for a fresh cargo of sugar, molasses and rum. They then turned their ship toward Europe where they again bartered this commodity for trade goods destined for West Africa. At each point in the Triangle Trade Route they turned an immense profit since they arrived with a product that each destination had a high demand for. A ship captain could easily retire after two circuits of the Route and a crewman could buy a pub or a small farm with his share of the profits. Those that completed three or more successful circuits became the owners of large European Estates and the founders of some of the great European Family Dynasties.
Traders were forced to walk the whole way, this is the main route in those times.
because they get benifited as the traders who are passing by should pay the tax and some times the traders bring gifts for them.