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Words: | Submitted: Thu Nov 20 2003
... terms of naval supremacy, with the biggest, best developed and most abundant number of ships in the world, with her geographical position, as an island, complementing this naval supremacy perfectly. This military preponderance permitted the emergence of mercantilism, specifically the colonizing of countries and the establishment of industries and commerce there, in countries spanning the Atlantic, such as West and Central Africa and the Americas. One of the main existing commercial activities in Africa was the slave trade, referring to the capturing of 'black Negroes' and the subsequent sale of them as slaves. After the colonizing of countries, British merchants became very involved with this slave trade, and Williams describes a triangular trade based structure, which resulted in them becoming an important part of the British economy, due to the profits, the slave trade created. The first side of William's triangle, was British merchants purchase of slaves, using the currency of British ...
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