Title: What impact did the triangle trade have on Europe? - eNotes.com
Headings: What impact did the triangle trade have on Europe?
History
What impact did the triangle trade have on Europe?
Expert Answers
Further Reading
Further Reading
We’ll help your grades soar

Content: Doing business abroad helped create diplomatic relationships and opportunities to colonize countries outside Europe. European nations were able to more easily colonize African countries, for example, as they already had an established way to get supplies and transact business. The profit the countries received from the triangular trade helped them build their empires, which affected the political and social fabric of many countries both in and out of Europe. A continuous stream of raw materials from the Americas and the profit generated by the slave trade together helped contribute to the rise of the Industrial Revolution. European factories formed to make more manufactured goods. This growth in technology and business ventures was also largely possible due to money received from the triangular trade, made by selling goods and selling slaves. Dr. Will Hardy explains: The British cotton mills, which became the emblem of the "Industrial Revolution," depended on cheap slaved-produced cotton from the New World; cotton would have been more costly to obtain elsewhere. British consumers also benefited from other cheap and plentiful slaved-produced goods such as sugar.