Triangular trade
From Free net encyclopedia
A "triangular trade" is any three-way exchange, but the term is often used to refer to one particular instance: the 18th century trade between Europe, the west coast of Africa, and the Caribbean.
Great Britain-British North America-Caribbean
The term "Triangle Trade" is also used to refer to a trade pattern which evolved after the American Revolutionary War between Great Britain, the colonies of British North America (BNA), and British colonies in the Caribbean. This typically involved exporting raw resources such as fish, lumber, and fur from BNA colonies, sugar from the Caribbean, and various commodities from Great Britain.
The trade pattern existed through the 19th century and in some format in the 20th century until it was disrupted by World War II. Trade expanded in the post-war period to include the United States and other Western Hemisphere nations.