I have an exam this week on the great explorations, but I have a hard time understanding what colonial trade is. Could you explain to me what it is and give me exercises so that I can understand better please?
Thank you !
Explanation from Alloprof
This Explanation was submitted by a member of the Alloprof team.
Thank you for your question! :)
Colonial trade takes place between the metropolis and its colonies, hence the term "colonial". This trade is triangular, which means it takes place on 3 poles between Europe, Africa and America. This type of trade always aims to enrich the (European) metropolis. Indeed, the European merchants will sell products manufactured in Africa at a profit. They will then buy African slaves there which they will resell in America where there is a crying need for cheap labor. They then buy natural resources or raw materials there and send them to Europe in order to transform these resources into manufactured products intended for sale in Africa, etc.
This type of trade will have serious consequences for the colonies.
Do not hesitate to write to us again if you have any other questions!
Good success for your exam! :)