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
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
3
Q
Private individuals
A
Planters made huge frotunes and returned to britain
Planters bought vast country-estates
Planters invested in other sectors
4
Q
Jobs
A
Employement at slavery ports
Demand for products in nearby towns
Created new industries (cotton, tobacco and sugar)
5
Q
Investment
A
Planters and traders invested in manufacturing, banking and transport
Insurance companies and banks
Canals and railways built