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- triangular trade, three-legged economic model and trade route that was predicated on the transatlantic trade of enslaved people. It flourished from roughly the early 16th century to the mid-19th century during the era of Western colonialism. The three markets among which the trade was conducted were Europe, western Africa, and the New World.
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Triangular trade or triangle trade is trade between three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. It has been used to offset trade imbalances between different regions.
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Apr 4, 2024 · Triangular trade, three-legged economic model and trade route that was predicated on the transatlantic trade of enslaved people. It flourished from roughly the early 16th century to the mid-19th century during the era of Western colonialism. The three markets among which the trade was conducted.
- The Editors of Encyclopaedia Britannica
The triangular trade refers to trade between three ports or regions. Triangular trade usually develops when a region is exporting resources that are not needed in the region from which its main imports come. Instead, the resources are exported to a third region.
Feb 10, 2024 · The Triangular Trade was a Transatlantic network of trade routes that were used during the Colonial Era, to ship goods between England, Africa, and the Americas. There were three main routes: England to Africa. Africa to the 13 Original Colonies and the British West Indies. The Americas back to England.
- Randal Rust
Feb 21, 2019 · The Triangular Trade. The Economics of Slavery and the New World. February 21, 2019 • Updated January 23, 2024. In the year 1730, in the region of present-day Senegal, a man named Ayuba Suleiman Diallo traveled down to an English port on the coast to purchase paper, likely manufactured in Europe, an important item for his Muslim cleric father.
Jan 11, 2016 · The triangular trade refers to a model for economic exchange among three markets. Historically, the triangular trade among Europe, West Africa and the New World ran on the backs of...
May 21, 2018 · U.S. History. Triangular trade. Triangular Trade. views 1,264,001 updated May 21 2018. TRIANGULAR TRADE. At least two overlapping patterns of trans-Atlantic trade developed in the colonial era whereby profits from rum and other American and British manufactured goods sold on the west coast of Africa financed the purchase of enslaved Africans.
