HISB40H3 Lecture : July 10.docx
Document Summary
Of all the commercial ties that link this new world, none had more profound consequences than the slave trade. The trade was at the centre of commercial exchanges and ties. The atlantic world economy would not have happened. This led to the rise of modern capitalism. Between 1500 to 1860s, 12. 5 million people were taking from. Countless others died while waiting on the coast to be shipped out to the americas. Slavery existed before this era, existed in greek and roman times and in africa in the same period. Traditional slave trade, historians called the atlantic slave trade the new slave trade . Happened on a unprecedented scale, largest forced migration in world history. Also a harsh system of racial slavery, based on racial difference, slavery as lifelong, hereditary and despised status for black people. In medieval europe, you could enslave enemies, etc. but their status was flexible because they could be freed/status could be changed.