Answer:
it has high economical effect as The British economy was transformed by the Atlantic slave trade. In 1700, 80 per cent of British trade went to Europe from ports on the east and south coasts.
By 1800, 60 per cent of British trade went to Africa and America, sailing from the three main west coast ports - Glasgow, Liverpool and Bristol.
Ports such as London, Bristol and Liverpool prospered as a direct result of involvement in the slave trade. Other ports, such as Glasgow, profited from the tobacco trade. Thousands of jobs were created in Britain supplying goods and services to slave traders.
In a period that saw Britain industrialize, profits could be made by exporting manufactured British goods to Africa and then further profits accrued from imported slave products such as sugar, which became very fashionable with the British people.
The slave trade was important in the development of the wider economy - financial, commercial, legal and insurance institutions all emerged to support the activities of the slave trade. Some merchants became bankers and many new businesses were financed by profits made from slave-trading.
The slave trade played an important role in providing British industry with access to raw materials. This contributed to the increased production of manufactured goods.
The graphic below shows the parts of Britain's economy that benefited from the slave trade
Explanation:
This is where it was located
Answer:
The possibilities of development in Nepal:
Nepalese People.
Education system and thinking capabity.
Decentralisation.
Economic development.
Explanation:
Nepal can develop by using the mentioned way and also they can follow several steps for their development.
Commercial mass production can be achieved with the use of the latest technology. The massive production methods would bring down the cost of explores.
The untapped land of tourism could attract a lot of foreign visitors to this part of the world.
Investment can be made in hydro electric projects, roadways along with basic structures of infrastructure.
Organic food is another area that can be tapped as the local youth can emphasize on organic farming
Answer:
important. the other side, but it would like the look at this point I am going through my
