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?
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Content: The triangular trade consisted of goods like textiles, mirrors, and guns from Europe being shipped to Africa, where they were exchanged for slaves. The slaves were then shipped to the Americas, where they were exchanged for raw goods like sugar, mahogany, and cotton. These goods were then shipped back to Europe. Creating shipping lines to Africa and the Americas boosted Europe's shipping industry, providing jobs and income. As the amount of product being imported and exported from Europe grew, so did the number of ports, ships, and workers. 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.