Difference between revisions of "Triangular trade"
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It was developed by the [[Portuguese]] in the 16th century, but later used by the other maritime nations of [[Europe]]. | It was developed by the [[Portuguese]] in the 16th century, but later used by the other maritime nations of [[Europe]]. | ||
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| + | *[http://www.accessmylibrary.com/coms2/summary_0193-13574_ITM Gale Encyclopedia of U.S. Economic History] | ||
[[Category:History]] | [[Category:History]] | ||
Revision as of 18:30, December 1, 2008
Triangular trade was a trans-Atlantic trade route that had three parts or "sides" to the "triangle": Africa to the Americas to transport slaves, the Americas to Europe to transport raw materials, and Europe to Africa to transport finished goods for sale. It was developed by the Portuguese in the 16th century, but later used by the other maritime nations of Europe.
