Triangular Trade Flashcards
1
Q
What is Triangular Trade?
A
Trade between three ports or regions
2
Q
When is triangular trade often mentioned?
A
Discussing the Economy of the North American colonies
3
Q
What did this triangular trade route look like?
A
Rum went from Colonies to Africa, it was traded for Slaves or for gold. These were taken to the West Indies and traded for sugar, molasses, or money. This was returned to the North American Colonies again to make more rum.
4
Q
What was the Molasses Act of 1733?
A
The Colonists were required to pay high taxes on molasses acquired from other countries.
5
Q
What was the Colonist response to the Molasses Act?
A
They ignored it without enforcement in the Colonies.
6
Q
What is solutary neglect?
A
making laws without enforcing them
7
Q
A
