Impact of Transatlantic Trade on Colonial Economies

Hard Period 2: 1607–1754 Transatlantic Trade

In the 17th and early 18th centuries, the transatlantic trade played a vital role in establishing economic foundations between Europe, Africa, and the Americas. Merchants and colonial powers sought to maximize profits through various goods exchanged across the Atlantic, which included not only raw materials but also enslaved individuals. Understanding these dynamics is critical in assessing the historical implications of such trade practices on the development of colonial economies.

Which of the following statements most accurately reflects a significant impact of the transatlantic trade during this period?

It led to the widespread establishment of plantation economies in the Caribbean and the Southern colonies.

It resulted in the immediate abolition of the slave trade in the British colonies.

It primarily benefitted Indigenous tribes through trade agreements with European powers.

It created a substantial middle class in Europe, diminishing the power of nobility.

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