Editing Triangular trade (section)

{{short description|Trade among three ports or regions}}
[[Image:Triangle trade2.png|right|thumb|223px|The classical model of the triangular trade]]
[[Image:Triangular trade.jpg|right|thumb|223px|The triangular trade of slaves, sugar, and rum, with New England instead of Europe as the third corner]]

'''Triangular trade''' or '''triangle trade''' is [[trade]] between three ports or regions. Triangular trade usually evolves when a region has [[export]] commodities that are not required in the region from which its major [[import]]s come. It has been used to offset [[trade imbalance]]s between different regions.

The [[Atlantic slave trade]] used a system of three-way transatlantic exchanges – known historically as the triangular trade – which operated between Europe, Africa, and the Americas from the 16th to 19th centuries. European workers outfitted [[slave ships]], and they shipped manufactured European goods owned by the trading companies to West Africa to get slaves, which they shipped to the Americas, in particular, to Brazil and the Caribbean islands. First, in West Africa, merchants sold or bartered European manufactured goods to local slavers in exchange for slaves. Then crews transported the slaves, and remaining European manufactured goods, to the Americas where ship merchants sold the slaves and European manufactured goods to plantation owners. Merchants then purchased sugar and molasses from the plantation owners and crews shipped them to North American colonies (later the US), where the merchants sold the remaining supplies of European manufactured goods and slaves, as well as sugar and molasses from plantations to local buyers, and then purchased North American commodities to sell in Europe, including tobacco, sugar, cotton, rum, rice, lumber, and animal pelts. 

This trade, in trade volume, was primarily with South America, where most slaves were sold, but a classic example taught in 20th century studies is the [[colonial molasses trade]], which involved the circuitous trading of [[Slavery|slaves]], sugar (often in liquid form, as [[molasses]]), and rum between [[West Africa]], the [[West Indies]] and the northern colonies of [[British North America]] in the 17th and 18th centuries.<ref name="Emert 1995 p. ">{{cite book | last=Emert | first=Phyllis | title=Colonial triangular trade: an economy based on human misery | publisher=Discovery Enterprises Ltd | publication-place=Carlisle, Massachusetts | year=1995 | isbn=978-1-878668-48-6 | oclc=32840704 | page=}}</ref><ref name="Merritt 1960 pp. 1–7">{{cite journal | last=Merritt | first=J. E. | title=The Triangular Trade | journal=Business History | publisher=Informa UK Limited | volume=3 | issue=1 | year=1960 | issn=0007-6791 | doi=10.1080/00076796000000012 | pages=1–7| s2cid=153930643 }}</ref> In this triangular trade slaves grew the sugar that was used to brew rum, which in turn was traded for more slaves. In this circuit the [[sea lane]] west from Africa to the West Indies (and later, also to [[Brazil]]) was known as the [[Middle Passage]]; its cargo consisted of abducted or recently purchased [[Slavery in Africa|African people]].

During the [[Age of Sail]], the particular routes were also shaped by the powerful influence of [[Winds in the Age of Sail|winds and currents]].  For example, from the main trading nations of Western Europe, it was much easier to sail westwards after first going south of [[30th parallel north|30° N latitude]] and reaching the so-called "[[trade winds]]", thus arriving in the Caribbean rather than going straight west to the [[Northern America|North American mainland]]. Returning from North America, it was easiest to follow the [[Gulf Stream]] in a northeasterly direction using the [[westerlies]]. (Even before the [[voyages of Christopher Columbus]], the Portuguese had been using [[Volta do mar|a similar triangle]] to sail to the [[Canary Islands]] and the [[Azores]], and it was then expanded outwards.)

The countries that controlled the transatlantic slave market until the 18th century in terms of the number of enslaved people shipped were Great Britain, Portugal, and France.