What were the legacies of the Atlantic Slave Trade in trade and commerce?

History The Atlantic Slave Trade Questions



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What were the legacies of the Atlantic Slave Trade in trade and commerce?

The legacies of the Atlantic Slave Trade in trade and commerce include the establishment of a global economy, the growth of industries such as sugar, tobacco, and cotton, the development of financial institutions, the rise of European colonial powers, and the exploitation of African labor for economic gain. Additionally, the slave trade contributed to the growth of ports and trading centers, the development of transportation systems, and the accumulation of wealth for European nations and individuals involved in the trade.