The Driving Force - Money. AIM:. Identify profits involved in slave trading. Discover the role of the slave trade in British economic development . SUCCESS CRITERIA: You can explain the financial benefits of slave trading.
The money generated from the slave trade is difficult to work out exactly, partially due to the fact that the figures are incomplete, and also because prices have changed so much in 200 years.
The slave ship ‘Enterprise’ carried 412 slaves across the Atlantic in 1803. Each slave cost around £25 and they were all sold except one. 19 had died during the voyage.
Much of the British economy was reliant on the slave trade - both directly and indirectly.
The money generated by the trade allowed great country estates and elegant buildings to be built.
Glasgow Gallery of Modern Art
Built in 1778 by William Cunninghame
who made his wealth through dealing in tobacco which had been cultivated by slaves.BBC - Learning Zone Class Clips - Wealth created by British slave traders - History Video
Harewood House, Leeds.
Build by the Lascelles family in the mid 1700s who had made millions from the slave trade
A study of the activities of 23 London merchants who were heavily involved in the slave trade found they had invested hugely in the building of roads and bridges. They had also invested greatly in other industries such as coal, lime stone, iron, glass and wool.