How Trade Operated

How Trade Operated - Atlantic Slave Trade: Origins and...

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Atlantic Slave Trade: Origins and Operations How Trade Operated In context of African state politics Europeans competed to maintain position in trade Cost of entry into trade high – need for government support High fixed cost in ships and forts, obligations to deliver fixed number of slaves regardless of demand or cost – expensive to maintain Emergence of joint stock companies – private companies to subsidizie trade o Danish West India Company 1625 o Swedish African Company – 1647 o France 1664 o English Royal African Company 1672 o France # 2 1673 Later – free trade – beginning of 18 th century because well established infrastructure for trade, free traders used well established routes and practices of the trade With free trade change in practices – investors. Shares sold in ships and expeditions, etc. Preparing for Trade Ship purchase Cargo collected Insurance and other paperwork (4-6 months) Captain chosen Sub officers and skilled personnel hired – doctor, carpenter,
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This note was uploaded on 03/16/2011 for the course HUMN 007 taught by Professor Blyden during the Fall '10 term at GWU.

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How Trade Operated - Atlantic Slave Trade: Origins and...

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