How Did Slave Trade Affect Britain Flashcards

1
Q

Government

A

5% of national income in 1800
1,500,000 £ income from jamaica in 1770
£12 million profit between 1630 1807

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2
Q

Cities

A

Bristol, liverpool and London
1/4 million pounds yearly profit
Liverpool from 5,000 to 78,000
Bristol from 20,000 to 64,000

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3
Q

Private individuals

A

Planters made huge frotunes and returned to britain
Planters bought vast country-estates
Planters invested in other sectors

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4
Q

Jobs

A

Employement at slavery ports
Demand for products in nearby towns
Created new industries (cotton, tobacco and sugar)

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5
Q

Investment

A

Planters and traders invested in manufacturing, banking and transport
Insurance companies and banks
Canals and railways built

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