How important was the slave trade to Britain? Flashcards
What is the slave trade?
The historical practice of forcibly capturing, transporting, and exploiting African individuals as slaves for economic purposes - predominantly by European powers
How important was the slave trade to Britain?
The slave trade was of significant importance to Britain, as it played a central role in fueling the country’s economic growth, financing industrialisation and contributing to its rise as a global power, however, this importance should be evaluated in the context of its devastating impact on millions of enslaved individuals and the perpetuation of racial inequality and injustice
Economically, the slave trade was…
highly profitable for Britain
The slave trade contributed to the growth of…
industries such as shipping, banking, insurance and manufacturing which benefited from the influx of wealth generated by the trade
The trade directly enriched not only the slave traders themselves, but…
the ports they sailed from
British ports, especially ______ and _________, became major hubs for the slave trade, and the associated __________ thrived in these cities
Bristol
Liverpool
industries
The profits from the slave trade formed the basis of Bristol’s first banks and literally laid the foundations for some of the city’s…
finest Georgian architecture (such as Queen Square)
How many people were traded by Bristol merchants? (estimation)
500,000
When was the Transatlantic Slave Trade Debated in Parliament?
February 1805
Who was the Liverpool MP in attendance at this debate?
Isaac Gasycoyne
What did Isaac Gasycoyne state at the debate?
“if we abandoned this trade, it would go into other hands” - this suggests that the Transatlantic Slave Trade is necessary to ensure the success of the British Empire
What did Isaac Gasycoyne state at the debate?
“if we abandoned this trade, it would go into other hands” - this suggests that the Transatlantic Slave Trade is necessary to ensure the success of the British Empire
“if we abandoned this trade, it would go into other hands” - summarise this view in one word
Utilitarianism - the benefits derives from the slave trade outweigh the moral considerations and negative consequences associated with it
The profits from the slave trade also provided capital that fuelled…
the Industrial Revolution in Britain
How did the profits from the slave trade provide capital that fuelled the Industrial Revolution in Britain?
This capital investment helped finance new inventions, machinery, and factories which played a crucial role in Britain’s transformation into the world’s leading industrial power