1. Transatlantic Slavery and a Capitalist Modernity
... to create a new industrial revolution. The transatlantic slave trade directly lead to the rise of many seaport towns14. At the beginning of the era of Britain's involvement in the trade Westminster did not allow for the rich elite to attempt to make profits from the trade. The Royal Africa Company established in 1672 was the only company permitted to transport African ... trade it remained the financial centre of Europe16. This law was changed in 1698 when British merchants were able to trade African slaves as a "fundamental and natural right"17. This change in legislation lead to the r...
- Word Count: 2679
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate