Sugar Trade Essay

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In the late 1600s and 1700s sugar growing took firm hold in the Caribbean. France and Britain competed for domination of the Sugar Trade. By 1655, Britain was the biggest sugar trader. France passed Britain as the biggest Caribbean sugar trader in 1740. The Sugar Trade was driven by many factors. Some of which are capital, slavery and complementing industries. Consumer demand and return on investment were all very important aspects to the making of the historic events in which were the sugar trade.Money was, and still is, very important. Sugar was even called white gold by British colonists during the slave trade. In Bittersweet: The Story of Sugar, Peter Macinnis states that the first curse of sugar is capital intensive, meaning a lot of money. Money was used to buy the slaves that grew the sugar that people also purchased. Land also had to be bought in for sugar plantations .Wealthy English families owned most of the sugar plantations themselves. Therefore, outside investors were not usually involved. The Slave trade contributed to the Sugar trade. The Atlantic slave trade or transatlantic slave trade took place across the Atlantic Ocean from the 16th through to the 19th centuries. The vast majority of those enslaved that were transported to the New World, many on the triangular trade route and its Middle Passage, were West Africans from the central and western parts of the continent sold by West Africans to Western European slave traders, or by direct European capture to the Americas. More slaves were sent to the south instead of the north in order to develop goods. According to Sydney W. Mintz’ Sweetness and Power:The place of Sugar in Modern History, states “Sugar as a sweetener came to the fore in connection with three other exotuc imports-tea, coffee, and chocolate- of which one, tea, became and has since remained the most important nonalcoholic beverage

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