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Essay's paper info
| Topic: |
History
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| Number of pages / Number of words: |
4 / 869 |
Essay's paper body
Many jobs were also created by the trade as dockworkers, sailmakers, sailors and ship reporters were needed. Because of the job increase, the economy grew because of taxes and there were fewer unemployed people.
From all the money that was being accumulated from the slave trade, Britain was able to finance a lot of new technology, such as the steam engine...
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This proves that the slave trade was highly involved in the industrial revolution. Huge profits were being made by investors, merchants and plantation owners and they were investing these profits into banking, insurance and the development of industries which allowed Britain to develop and advance in technology...
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