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THE PORTUGUESE AND TRIANGULAR TRADE

 THE PORTUGUESE AND TRIANGULAR TRADE

TRIANGULAR TRADE

  1. Slave ships carried manufactured goods from Europe to Africa.
  2. They exchanged these goods for Negroes and carried them across the Atlantic Ocean.                
  3. They exchanged these slaves for raw materials from plantations and mines in the colonies and sold it to European market.
  • It was this slave trade and production from plantations which became the basis of commercial prosperity of Western Europe and North America.
  • These profits and later on wealth drained from colonies like India in 18th and 19th century provided the capital for Industrial Revolution.

THE PORTUGUESE

  • The superiority of Portuguese ships and navigation science helped them dominate and monopolise the East Asian trade in the 16th century.
  • Their influence spread throughout East Asian coast – from Persian Gulf to Malacca and Spice Islands of Indonesia.
  • They waged wars to protect their monopoly against European rivals. They also indulged in plunder and piracy apart from cruelty and barbaric behaviour.
  • in spite of that, they were able to rule high seas for a century due to strict discipline of their army.                  THE PORTUGUESE AND TRIANGULAR TRADE
  • They established trading settlements in India at Cochin, Goa, Daman and Diu. They managed to secure many trading concessions from Mughal emperors who, although more powerful on land, lacked naval strength.                                THE PORTUGUESE AND TRIANGULAR TRADE
  • It was under the viceroyalty of Alfonso d’Albuquerque, that Goa was captured in 1510. However, they did not face the might of Mughal Empire as they kept themselves limited to southern areas which were out of Mughal influence.                                  THE PORTUGUESE AND TRIANGULAR TRADE
  • Later, they faced stiff competition from other European powers like the French, the Dutch and the English.          THE PORTUGUESE AND TRIANGULAR TRADE
  • They waged wars to protect their monopoly against European rivals. They also indulged in plunder and piracy apart from cruelty and barbaric behaviour.

 

ALSO READ : https://www.brainyias.com/mughals-evolution-of-indian-administration/

Modern History

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