Without the slave trade the industrial revolution would not have happened??
It shall be the work of this essay to prove that without the slave trade the industrial revolution would not have happened. This essay will show that the most important trade in Britain was the slave trade.
The Slave trade brought new inventions and industries into Britain, for example one company used some of the money to build the Liverpool and Manchester railway. In the 1771 there were 106 ships going into Liverpool a year bringing 282,000 slaves. The number of slaves transported was extremely high, for example 610,000 slaves from Jamaica and 800,000 from St Dominique in 1680-1776. Many people had a share in the slave ships not only the rich.
Slavery made a profit of approximately £8,000, this was a large amount of money in those days. Often more than £5,000 profit was made per boatload.
Some merchants, slave traders, and plantation owners who made a lot of money through the slave trade, invested some of their profits in industrial development in Britain.
The Industrial revolution brought in raw materials such as cotton. This was vital for Britain’s growing industries.
The slaves worked to produce coffee, and sugar in the West Indies.
American Families brought sugar plantations from Africa to grow more sugar to earn more money.
African slave labour gave the people of Great Britain cheap cotton. The cotton was imported into Liverpool from the plantations in the West Indies and southern United States of America.
In 1770 British factory owners exported one third of their goods to Africa and half to the West Indies. The goods were used to cloth the slaves and to keep them warm.
In this essay it was argued that the industrial revolution wouldn’t have happened had Britain not participated in the trading of slaves.