Question

How did transatlantic slave trade lead to the industrial revolution?​

Answer 1

Answer:

Slavery did not provide a significant portion of the wealth that funded Europe's industrial revolution (profits from the slave trade and New World plantations did not amount to 5% of Britain's national income at the start of the Industrial Revolution), but it did produce the main luxury goods that became the backbone of world trade during the 17th, 18th, and early 19th centuries: coffee, hemp, run, sugar, and tobacco are only a few of the ingredients. Furthermore, the slave trade boosted shipbuilding, shipping, and insurance, and Africa grew into a major market for iron, textiles, weapons, and rum.

Explanation:

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