Triangular Trade The term triangular trade is used to characterize much of the Atlantic trading system from the 16th to early 19th centuries, in which three main commodity-types—labor, crops, and manufactured goods—were traded in three key Atlantic geographic regions.
As we ponder the answer, a major difference with history should be noted. Nigeria also provided slaves for Barbados, the Yoruba, Efik, Igbo and Ibibio being the main ethnic groups targeted.
Is history repeating? In the North American colonies, the importation of African slaves was directed mainly southward, where extensive tobacco, rice, and later, cotton plantation economies, demanded extensive labor forces for cultivation.
African peoples were captured and transported to the Americas to work. They were controlled by the Virginia Company's chief manager in Jamestown. Not only were Africans well suited to tropical climates, they also brought special skills and husbandry knowledge for crops such as rice, which the British found useful.
The headright system was designed to promote immigrant settlement and the cultivation of key staple crops that increased the prosperity of the Chesapeake region. By the start of the American Revolution inthe Virginia General Assembly voted to stop tobacco export to Europe.
Start-up costs were expensive. Tobacco was very labor-intensive, as was rice cultivation.
This meant that a child born to an enslaved woman would also be enslaved, making slavery hereditary. The economy of the South changed markedly beginning in the early nineteenth century, as the invention of the cotton gin made cultivation of short-staple cotton profitable across vast areas of the upland Southeast.