Trans-Atlantic Slave Trade Assignment Example | Topics and Well Written Essays - 1000 words

Trans-Atlantic knuckle down Trade - Assignment ExampleWhile the Portuguese started off by probing into gold and spice trade, over time another commodity made way into their cargo African men, women, and children. Towards the end of the fifteenth century, over 10 percent of the Portuguese population was African, due to the considerable slave trading engaged in during this time. The Portuguese started using these captives as enslaved application on extensive sugar plantations on a scale large enough to overshadow any other atrocity being committed around the world.The development of the Trans-Atlantic Slave Trade had a direct impact on the development of the modern capitalist economic scheme. The capitalist economy flourished fervently primarily on the can of plantation owners who used enslaved labor to grow their crops. By the mid-1600s, the creation of ever growing sugar plantations along with many others, such as coffee, cocoa, rice, tobacco, indigo, and cotton, led to an incre ase demand for African slaves. This increase in demand was followed by the displacement of an estimated seven million Africans between mid-1600s and early 1800s. The increased demand for labor gave opportunists and entrepreneurs a gateway to engage in innovative ways to gain as many Africans as possible. The Europeans started engaging in a barter system with the Africans, whereby African slaves were purchased in exchange of cloth, gold, silver, copper bracelets and even military goods.The human resource and all other commodities robbed off Africa by the European are on the dot what drove the capitalist development and accumulation of wealth in Europe. Trade was at its peak and the commodity of prime demand was humans.By definition, it is quite guileless to differentiate between slavery and indenture. While slavery can be seen as a system whereby individuals can be bought and sold as airplane propeller and forced to wager under unimaginable conditions, indenture is viewed as a sy stem of debt bondage whereby an individual is transported from one place to another and is made to work as a servant with no paid wages but allowance for food, accommodation, clothing, and training.