Economic Effects of the Columbian Exchange Inflation of cash-crops, slavery and silver resulting from the Columbian Exchange caused a drastic effect on the global economy. Cash-crops forged new trade routes across continents, slavery supported New World exports, and silver caused power shifts in the world 's distribution of wealth. As Spanish expeditions to the New World increased in size and purpose, the economic effects on the rest of the world spread with equal vigor. The triangular trade circulated commodities between Europe, Africa, and the Americas. From Europe some commodities were distributed throughout Asia.
The addictive crop that the Portuguese loved so much is sugar. Many causes are responsible for the growth of the Atlantic System from 1500 to 1800. The sugar demand increased and so did the need for workers; since merchants had access to slaves they stole and bought them to work for
At the beginning of the colonial period in America, there was a great need for workers that could help make a profit for the foreign companies who invested in colonies in the Americas. While these workers originally came from several backgrounds and countries, it soon became clear that African slavery dominated all forms of forced labor. Nowhere was this clearer than in the Lower Mississippi Valley. Starting off as a French colony the Lower Mississippi Valley’s primary work force was from European workers and Native American enslaved people. However, as the manipulation of African slavery in the French colony of Saint Domingue, today known as Haiti, began to turn a huge profit.
Slave owning and slavery in general had a lasting impression on the way the South functions. The validity of the statement completely falls through; the statement makes a false argument on how slavery affected the United States. Slavery in the Antebellum South led to not only an extremely successful growth in economics, but also enhanced the social diversity and community developments between whites and blacks. The economic structure in the Antebellum South, truly improved with the influx of slavery. The cotton gin improved the growth in the productivity of cotton.
DBQ Essay – What Drove the Sugar Trade? Beginning in the late 1600s and continuing through the 1700s the demand for sugar became incredibly high due to its addictive qualities. To supply the consumers with sugar they were craving, wealthy Europeans established sugar plantations throughout the Caribbean and built a thriving slave industry, so their need for cheap labor could be satisfied. Sugar consumption increased from 4.6lbs to 16.2lbs per capita annually from 1700 to 1770 due to the increasing addiction of the consumers. The manufacturers were faced with maintaining a high crop yield, but luckily the Caribbean islands provided an ideal location for growing cane sugar.
By the early 1800’s, the vastly growing cotton industry soared as cotton became the nation’s most important and valuable export. The development of the cotton gin only further propelled the cotton industry into economic success. The cotton gin took care of the hard tedious work that slaves used to have to undertake and increased the pace and the quantities in which cotton bales were produced. Working among the cotton fields, slaves adopted the gang system. The gang system was most commonly used in the cotton industry; to speed up production but also formally used among tobacco and sugar production.
The development of large cotton plantations in the north and the alluvial soil in the south of the state led to the need for massive increases in the labor force. The abolition of the international slave trade led to a large domestic slave trade, which found its hub in New Orleans. Thousands of slaves, which had their origins in Virginia and the Carolinas, were sold “down the river” to New Orleans. As a result, many slaves who spoke English and followed Protestant faiths began to mingle with the French speaking, largely Catholic Louisiana slave population. These new slaves brought with them exposure to the revolutionary spirit that had existed on the East Coast since the American Revolution.
The author states that cotton fueled an “expansion of transatlantic industrial capitalism” which at the time was equivalent to sugar in the Caribbeans and oil in the Middle East. In addition, because of cotton production, an expansion of slave-plantation culture increased in the South. Essentially, the author explains that the introduction of cotton increased
France reconstructed the government so that it was well suited for the citizens. France had the aspiration to take their newly formed government and spread it throughout Europe. The Atlantic Slave Trade was the forceful migration of millions of Africans to the Americas. The demand for slaves increased as the demand for commercial agriculture expanded throughout the developing world. Slaves were not only used for agricultural purposes, but also domestic purposes.
The colonies (British) produced a vast volume of goods like sugar, rice, tobacco and indigo needed for the home market, and the nation grew rich at the expense of slaves. Britain and United States acted swiftly within two decades to abolish the trans-Atlantic slave trade. Abolition emerged as one of the most important reform measures ever taken in 18th and 19th century. There are questions still puzzling the historians on how and why the slave trade was abolished. The interpretation of abolition comes in two dimensions; first it was made popular in 19th century to explain it in terms of humanitarian and moral movement.