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(hope this answers your questions The West Indies were becoming less and less important to Britain as Cuba and Brazil could manufacture sugar cheaper (1770 onwards). Because of this many plantations in the West Indies were closed down and therefore nobody wanted nor needed slaves, so the demand for slaves fell dramatically. An example for this is, in Barbados in 1772 no slaves were imported whereas in 1771 they imported 2728 slaves.

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15y ago
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12y ago

Various countries passed laws prohibiting it and it became economically unviable.

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13y ago

It made the world richer because they gained business in trade and economic growth because of the money they received by selling or trading slaves.

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11y ago

the trade and economy got really bad and the whole reason why we traded slaves was to help get money so when the economy went down people lost money so they couldnt trade slaves

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12y ago

it just did. That's how.

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10y ago

because it would be so dope

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Q: How did the African Slave Trade affect the economy?
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Related questions

How did European expansion of the slave trade affect African states between 1600 and 1700?

african states became too weak to resist the slave trade


How did the Atlantic slave trade disrupt the west African economy?

people was ratchet back then


How did contact with the Muslim world affect the African slave trade?

setting rules and harsh laws for them


How do trade barriers affect African economy trade?

They cause Africa's agricultural prices to go up. -apex


Which countries were involved in the African slave trade key word African slave trade people just African?

ivory coast


The diary entry of a slave in the transatlantic slave trade?

african slave trade was a horrible time


How did the African slave trade impact the economy?

The African slave trade had a major impact on a limited number of economic activities: mostly the sugar production in the north and east of South America and on the Caribean islands, and the cotton production in the southern US States, which all could not have developed without slave labour. The ecomomies of these lands were all for a while heavily dependent on slave labor. An often underexposed aspect of the African slave trade was the slave trade by Arab slave traders which lasted for many centuries more than the slave trade by whites. Probably hundreds of thousands of African slaves were over the centuries sold to Middle Eastern and north African countries, whose economy also became heavily dependent on slave labor. The economy of western African kingdoms also prospered by the slave trade. The European trading posts on the African coast never organized raids for slaves themselves. It was the local African chiefs who found a considerable source of income in either selling their own subjects to European or American slave traders or organizing raids into neighboring areas to round up people to sell to them as slaves.


What made the slave trade important to the West African economy?

One of the things that made slave trade important in West Africa is that it earned the slave owners good money. This money could be used to develop farms or invest in other sectors of the economy.


How was the east African slave trade in the 1600 different from the Atlantic slave trade'?

The East African slave trade in the 1600 operated within Africa, Europe, and Asia, while the Atlantic slave trade in the 1700s also included in the Americans.


How was the East African slave trade in the 1600 different from the Atlantic slave trade in 1700?

The East African slave trade in the 1600s was operated within Africa, Europe, and Asia, while the Atlantic slave trade in the 1700s also included the Americas.


How was the East African slave trade in the 1600s different from the Atlantic slave trade in 1700s?

The East African slave trade in the 1600s was operated within Africa, Europe, and Asia, while the Atlantic slave trade in the 1700s also included the Americas.


How was the east African slave trade in the 1600s different from the Atlantic slave trade in the 1700s?

The East African slave trade in the 1600s was operated within Africa, Europe, and Asia, while the Atlantic slave trade in the 1700s also included the Americas.