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Flashcards to review British involvement in the Transatlantic Slave Trade
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What was the impact of profits from chattel slavery on the Industrial Revolution and British colonies?
It helped finance the Industrial Revolution, and the Caribbean islands became the hub of the British Empire, with sugar colonies being the most valuable.
What percentage of the government's total income came from taxes on goods from its colonies between 1750 and 1780?
About 70%
How did the Transatlantic Slave Trade triangle impact Britain?
The vast money poured into Britain, changing its landscape, leading to the building of mansions, the establishment of banks like the Bank of England, and the funding of new industries.
Name groups of people who profited from the Transatlantic Slave Trade.
British slave ship owners, British slave traders, plantation owners, factory owners in Britain, West African leaders involved in the trade, ports like Bristol and Liverpool, and bankers.
How did plantation owners benefit from slave labor?
They used unpaid workers to grow crops, made vast profits, retired to Britain with their profits, built grand country houses, became MPs, and invested profits in new factories and inventions.
How did factory owners in Britain benefit from the Transatlantic Slave Trade?
They had a market for their goods, such as textiles from Yorkshire and Lancashire, and they built industrial plants to refine imported raw sugar.
What items did Liverpool and Bristol provide for ships involved in the Transatlantic Slave Trade?
Fitting out slave ships and handling the cargoes that they brought back
How did ordinary people in Britain benefit from the Transatlantic Slave Trade?
The trade provided many jobs in factories producing goods for West Africa, and slave labor made goods like sugar more affordable.
What manufactured product was produced in Birmingham and traded for slaves?
Guns were produced in Birmingham and traded for slaves.