Portugal, Britain, Spain, France, Netherlands & Denmark
Britain alone for an example.
Provincial banking to fund the slave trade:
To create credit needed for long distance Atlantic slave trade
Barclay’s bank- 4th largest bank in the world
Lloyd’s bank- 35th largest bank in the world
Slave sales:
1580 – 1808
3.3 million in total sold creating £138 million = £18 billion today ALONE
This is just from the sale of slaves alone not including the sale of slave made products and investments of these profits.
Industrial Revolution:
Drive in production of manufactured goods; guns, ammunition to be sold to African merchants in return for captives. Also ship building.
James Watt’s invention of the first efficient steam engine which drove the Industrial Revolution came from investments of slave plantations in Virginia & Jamaica!
Slavery made goods, profits or investments in Britain include;
Rope, glass, lumber, ships, guns, ammunition, metals, textiles, roads, bridges, houses, canals, clothes, fishing nets, coffee filters, tents, cotton gunpowder, cotton paper, bookbinding, maritime undertakings, mining of salt, coal, lime etc.
INDUSTRIAL REVOLUTION
This defines the modern world being born in Britain allowing them to gain the largest empire ever!
Also all the key elements which drove it was all heavily involved in slavery/slave trading eg manufacturing/factories. The cotton mill is regarded as the most important product during the Industrial Revolution and we know where that cotton was coming from. The constant need to find cheaper more efficient ways to produce goods the Africans wanted, to sail to them in ships and to expand their empires drove the revolution.
Industrial revolution was born out of Liverpool & Manchester in the UK.
These English cities were either built by or heavily involved in slave trading and production/investments from slave made good:
Liverpool, Manchester, London, Bristol, Lancashire, Bolton, Oldham, Rockdale & Birmingham.
From these cities it included:
Industries/factories (ships, guns, ammunition, metals etc), slave ports, cotton processing, merchants (seamen & slave traders) & textile production (cotton)