How Was Capitalism a Cause of the Salve Trade and Slavery

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How Was Capitalism a Cause of the Salve Trade and Slavery? The Atlantic was than an example of the Capitalism. English investors gave funds to stock companies would then hire a crew and then send the ships to Africa where they would trade their African slaves. The ships would then transport the slaves to the Americas where they would sell their human cargo and purchase American goods. The ships could yet return to England. The Negro slave trade became one of the most important business enterprises of the seventeenth century. The monopoly of the French slave trade was at the first assigned to the French West India Company in 1664, but yet they transferred in 1673, to the Senegal Company. The Monopoly of the Dutch Slave trade was given to the Dutch West India Company, incorporated in 1621. In the early as the 15 century, England passed from raising sheep and producing wool, an agricultural activity, to manufacturing cloth. This signaled the beginning of capitalist production. It is in capitalist production that we can locate the basic cause of the slave trade. The slave ship sailed from the home country with a cargo of manufactured goods. These were exchanged at a profit on the coast of Africa for Negroes, who were traded on the plantations, at another profit, in exchange for a cargo of colonial produce to be taken back to the home country. As the volume of trade increased, the triangular trade was supplemented, but never supplanted, by a direct trade between home country and the West Indies, exchanging home manufactures directly for colonial produce. Most significant, however, is the fact that the trade in slaves was the key aspect of the triangular trade in which the increasing demand for goods led to the expansion and further development of capitalist industry in Europe. It is important to understand the historical though costly contribution of
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