Slavery and European Colonial Economy

Published: 2021-09-13 03:05:10
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Category: History Other

Type of paper: Essay

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From 16th to 19th century, European colonial economy mostly depended on enslaved Africans. From simply being the laborers in the fields of inexperienced merchants in the new colony, the slaves became a commodity used for transactions. From political to economic changes that the trading countries experienced, the African captives played a crucial role.
Most colonials were merchants by trade in search for gold and used people from Africa to do labor work in the new land as slaves. The service from the enslaved group was considered crucial for survival. According to European colonial officials, the abundant land they had adopted in the Americas was useless without sufficient labor to exploit it. The trans-Saharan slave trade supplied enslaved African labor to work on sugar plantations in the Mediterranean. The other slaves working there included white slaves from Russia and the Balkans. This same trade group was also responsible to send approximately 10,000 slaves a year to North Africa, the Middle East, and the Iberian Peninsula for work.

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