Talk:Téléphone and Triangular trade: Difference between pages

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'''Triangular trade''' is a historical term referring to the [[18th century]] trade among the [[West Indies]], the west coast of [[Africa]], and [[North America]] or [[England]]. The commodities involved were several, but principally they were [[sugar]], [[rum]], and [[Slavery|slaves]]. The trade brought much wealth to the ship owners and the profits ultimately became one of the foundations of American [[capitalism]], though a free-market economy continued to thrive long after the abolition of slavery in the U.S.

==History==

The triangular trade represented a profitable enterprise for both British and North American merchants. The business was risky and competition severe, but African slaves fetched a high price at auction, making the trade in human cargo a lucrative business.

The early days of [[Economy of the United States|American economy]] were filled with trading and bartering. Supplies would arrive, be sold, and the profits used to pay for other supplies.

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One possible first leg of the triangle was from the docks of England, where supplies such as beads, cloth, hardware, weapons, and rum would be shipped to a port in Africa. When the [[slave ship]] arrived, its cargo would be sold in exchange for slaves, which were tightly-packed like any other cargo to maximize profits. The ship would then make the roughly ten-week journey along the [[Middle Passage]] to America. Once the ship reached the [[New World]] the slaves would be sold for a good profit, and the ships reloaded with rum, [[molasses]], or sugar. The ship then returned to England to complete the triangle.

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Not all ships followed this route. Some traveled only between Africa and the [[Americas]] and some never went to America. The triangular trade is a description of trading as a whole.

==Slave trade==

It is estimated that around 11 million people (North America imported 500,000) were shipped to the [[Western Hemisphere]] during the [[slave trade]]{{Fact|date=February 2007}}. That number excludes those captured and put on ships who did not make the voyage to America alive. Some estimate that 15 to 25 of every 100 slavery-bound persons died on the voyage.{{Fact|date=February 2007}}

In the early [[1800's]], the slave trade began to diminish, due partly to rising sentiments opposing human trafficking and partly to decreasing need for labor (with the rise of the [[industrial revolution]]). In [[1807]], slave trade was made illegal in the [[United States]] and [[British colonies]]. In [[1833]], [[Parliament]] passed a law making slave trade illegal in all its territories.

An example of one such slave trader who practiced this, was the lesser known [[Pablo Cortés]]

==Great Britain-British North America-Caribbean==

The term "'''Triangle Trade'''" is also used to refer to a trade pattern which evolved after the [[American Revolutionary War]] between [[Great Britain]], the colonies of [[British North America]] (BNA), and British colonies in the [[Caribbean]]. This typically involved exporting raw resources such as [[fish]], [[lumber]], and [[fur]] from BNA colonies, sugar and molasses from the Caribbean, and various commodities from Great Britain.

The trade pattern existed through the 19th century and in some format in the 20th century until it was disrupted by [[World War II]]. Trade expanded in the post-war period to include the [[United States]] and other Western Hemisphere nations.

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