africans and trade them for gold‚guns and other good they needed they would trade for guns to help expand empires and obtain more slaves until they were against the european colonisers. Most africans slave were pulled from their families and were never reunited again sale could fight to be married into a family. The transport of slave from africa to the americans forms the middle passage of the triangular trade. The export of trade goods from europe to africa forms the first side of the triangular trade
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* The Effects of the Triangular Trade I. Africa: 1. Depopulation: A. Males 15-25‚ who were the creative‚ productive‚ inventive & skilled segment of the population‚ were taken. = Less protection B. This was the group most likely to have children C. Wars and raiding caused death D. Africans started to migrate from their homelands and move from the coast to the interior E. Caused cultural damage
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1492 In the year of 1492‚ the man who brought tragedy to the Americas was seen as a hero to us‚ but little did we know what he really did. Every elementary kid learned that Christopher Columbus found America in an honorable way. We also have a national holiday just for him. They never told us though how he was looking for the Indies and thought he was in China. In reality he was lost and had no clue he was in America. They also did not show us how he actually treated the people on the islands when
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During 1600-1750‚ the explorers from the countries of Europe continue to explore for new countries to populate and riches to export back to their country. Some of the reasons the Europeans felt enhanced to the natives they came upon were their superior technology and different religious beliefs. The civilizations of Asia and the Middle East remained within their natural boundaries because the leaders of Japan‚ China‚ India and the Middle East were comfortable within their countries. New ideas exchanged
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Chapter 4-2: Triangular Trade in the Colonies Vocabulary Triangular trade: trade between Africa‚ the West Indies‚ and New England Enforce: to make sure something is done according to a law Unite: to join together as a single unit Rebellion: a group fighting another group that is in power Notes New England‚ Africa‚ and the West Indians formed a trade triangle. It was outside of British control. It made more money for the colonials. The increasing colonial businesses and trade gave more jobs
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One of the two New World trading systems was the triangular trade. The triangular trade had three parts (legs) to it. The first leg included a route from Europe to Africa. These ships normally carried horses and European manufactured goods. For example; cloths and metal wares. When they arrived in Sub-Saharan Africa they exchanged these goods for slaves. One main reason why Africans would trade was for the gain of weapons. In the second leg of the trip the Europeans took enslaved Africans to the
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Diagram of a slave ship from the Atlantic slave trade. (From an Abstract of Evidence delivered before a select committee of the House of Commons in 1790 and 1791). The Middle Passage was the stage of the triangular trade in which millions of people from Africa were shipped to the New World‚ as part of the Atlantic slave trade. Ships departed Europe for African markets with manufactured goods‚ which were traded for purchased or kidnapped Africans‚ who were transported across the Atlantic as slaves;
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The African Slave trade: African slaves and the Trans Atlantic‚ Triangular Trade. A short history of the Trans Atlantic slave trade. How did African Slavery begin? For many centuries‚ Africans were a commodity‚ like land tax‚ they were expendable to the Congo chiefs. In 1440‚The Portuguese realised this‚ and so‚ as well as exploiting Africa for it’s gold and spices‚ they also had a monopoly on the African slave trade. They needed a labour force for their sugar plantations and mines in Brazil
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Trade in Latin America and India dramatically changed from 1450 to 1750. Around 1450 Latin America was not trading with Europe‚ Asia‚ or Africa. Around 1750 they were receiving slaves from Africa for plantation goods. In 1450‚ India was trading with Asia and east Africa through the Indian Ocean trade. In 1750 India traded a large number of textiles to Western Europe which ended up on Africa’s Western Coast and continued trade with eastern Asia and Africa. The changes Latin American and Indian trade
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Opportunities 1 2.1 Triangular Arbitrage without Transaction Costs 2 2.2 Triangular Arbitrage with Transaction Costs 2 2.3 Examples 5 3 Triangular Arbitrage Opportunities between Turkish‚ British and Euro Currencies 7 4 Can Triangular Arbitrage Opportunities Exploited in Real Life? 8 4.1 Artefacts 8 4.2 Slippage in Price Quotes 9 4.3 Stale Quote 9 4.4 Weekend effects and non-trading hours 9 5 Appendix 10 5.1 Spot Rates between 1/10/2007 and 11/01/2006 10 5.2 Triangular Arbitrage Calculations
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