Atlantic Trade

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    Atlantic Trade

    Significance and Methodology

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    Origins

    Innovations of the Age ofExploration Caravel- sails windward

    Celestial navigation/Astrolabe

    Axial Rudder

    Push for colonies and gold betweenPortugal and Spain

    Searches for trade routes

    Patronage of monarchies

    Strong, centralized state

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    Colonies

    Territory under immediate politicalinfluence of home nation.

    Importance: Raw Resources

    New Markets

    Naval Bases

    Nationalistic Pride

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    4

    Rise of Portugal

    Prince Henry: first school for sailing

    West Coast of Africa + India: 100%

    return on profits Trading choke points

    4

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    5

    Rise of the Spanish

    Sponsored expeditions to NewWorld

    Encomienda system: grants of landand native labor

    De las Casas/New Laws

    Decimation led to African slavery

    Viceroyalties and audiencias

    5

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    Treaty of Tordesillas

    Divided the newly discovered landsoutside Europe between Spain andPortugal

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    Triangular Trade

    Between Europeanpowers andcolonies.

    Operated during16th-19th centuries

    Steady flow ofgoods/money

    stimulated colonialeconomy.

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    Goods

    European ports: supplies to barterin Africa (copper, cloth, guns,ammunition)

    African ports: slaves for MiddlePassage (replacement labor)

    New World ports: cash crops

    (sugar, rum, molasses, tobacco,hemp)

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    Privateering

    Authorized by government to attackshipping.

    Disrupted Atlantic trade Britain against Spanish ships

    carrying specie, taking wealthbefore Royal Navy grew

    Easy to maintain, hard to combat.

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    Plantation Economies

    Agricultural mass production ofcash crops (very labor intensive)

    70% of slaves imported to worksugar planations

    Coffee = popular drink;Enlightenment

    Slaves = one time payment

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    Middle Passage

    Heaviest activity: Portuguese andBritish

    Asiento: license to export 4 million deaths directly attributed

    to slavery

    Slaves were prisoners ofwar/convicts/political dissidents

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    Middle Passage

    One to six months

    One meal a day,cramped living

    conditions

    Crew receivedpreference.

    Terror tacticsagainst resistancemovements

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    Middle Passage

    15% of slaves died at sea Disease (scurvy and dysentery)

    Starvation

    Suicide/Depression They were all branded, like sheep, with

    the owners' marks, of different formsNoentreaties, or threats, or blows couldrestrain them; they shrieked, andstruggled, and fought with one anotherfor a drop of this precious liquid, as ifthey grew rabid at the sight of it.

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    End of Colonial Atlantic Trade?

    Royal charters granting monopoliesto citizens

    Monopolies = mini-governments

    Mechanization = reduced value ofhuman labor

    Increased costs of shipping

    slaves/effects Induction of African goods markets

    rather than slave markets.

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    End of Colonial Atlantic Trade?

    Abolitionist movements:

    British: Slave Trade Act 1807 (slaving= piracy)

    West Coast of Africa Station

    Against African rulers as well

    American Independence from

    Britain