Trade triangle is the historical term telling the trade among three ports or regions. The trade triangle usually evolves when a region has export commodities.
explain what the triangle trade was
well who knows
Yes it is!
If you buy something to be delivered to me - for my use - then you, I and the supplier form the triangle. Under normal trade, the money and goods (or services) travel between two people in opposite directions and it is all neatly balanced. But here, money will flow from you to the supplier, the goods will go from the supplier to me. Nothing - apart from goodwill - will go from me to you! This is of particular importance in international trade where you, I and the supplier are based in three different countries. In "normal" trade, as described above, the two sides of the transaction are balanced so that the export of goods from country A to country B is matched by the a flow of money from B to A. And the current account of the bilateral balance of payments is, as the name suggests, in balance. But in triangle trade this does not happen.
It was profitable for everyone concerned, the Europeans had free labour working their plantations which brought about huge profits and the slave suppliers (rival African tribes and others )sold people (without a cost of production ) to Europeans in exchange for things like Rum and weapons. Everyone except for the slaves, profited from the triangle.
English America, the Sugar Island of the Caribbean, the United Kingdom Africa providing a profitable result in each linkage.
The Slave Trade was incredibly profitable and incredibly cruel. It ripped families apart. People would come home from a hunt or from the fields and find their families missing. In some cases, entire villages were captured. The people in an entire village were rounded up and traded as slaves.
It made the cotton trade so profitable.
The reason why the triangular trade was so important is beacause of what happend during the time of what was going on.
metal
Metal
The slavery trade operated and prospered because it was profitable.
The fur trade was the first profitable industry for the French in Canada.
Trade triangle is the historical term telling the trade among three ports or regions. The trade triangle usually evolves when a region has export commodities.
Triangular Trade
Yielding or bringing profit or gain; gainful; lucrative; useful; helpful; advantageous; beneficial; as, a profitable trade; profitable business; a profitable study or profession.