Answered: The Atlantic slave trade was first and…

The Atlantic slave trade was first and foremost about money. What were some of the important financial aspects that made this system function the way it did?

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Question

The Atlantic slave trade was first and foremost about money. What were some of the important financial aspects that made this system function the way it did?

Expert Solution

Step 1

The Atlantic slave trade was one of the most significant as well as horrific aspects of colonization. Thousands of natives from Africa were shipped off to the Americas as well as European colonies to work in the plantation areas often on minimal wages or no wages at all. The extent of brutality attached to the slave trade has led many historians and scholars to label it the African Holocaust.