HIST 190 Lecture Notes - Lecture 7: Joint-Stock Company, Triangular Trade, Mercantilism
Document Summary
Political, economic and social effects of atlantic slavery. Strick regulation of colonial economies intended to solely benefit the mother country. Trade is heavily regulated and most frequently only allowed with england/britain. Generally, the colonies provided the raw materials and goods for manufacturing/ production in. Slavery was a global endeavor-many were at least indirectly involved whether they knew it or not. Goods often were traded with other countries solely to trade with the africans for slaves. Slave ships were often forms of investment in similar fashion to the joint stock companies. Slavery produced a trade market which required a great deal of global savvy and communication (ports) Slave labor was needed to produce the raw goods in the americas. Those raw goods were shipped to the mother countries in order to produce materials and commodities. Those goods and commodities were shipped either back to the americas for sale or to africa to trade for slaves.