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triangular trade

 

Definitions from the Web

Triangular Trade

Definition

Triangular trade refers to a historical trade route during the 16th to 19th centuries, established between Europe, Africa, and the Americas. It involved the exchange of goods, including slaves, raw materials, and manufactured products, creating a triangular flow of trade.

Senses and Usages:

Sense 1: Historical Trade Route

In this sense, triangular trade refers to the specific trade route that existed between Europe, Africa, and the Americas during the colonial era.

Example Sentence:

The triangular trade played a crucial role in connecting continents and facilitating the expansion of global trade.

Sense 2: Slave Trade

Triangular trade is also commonly associated with the transatlantic slave trade, where African slaves were transported to the Americas for forced labor.

Example Sentence:

The triangular trade resulted in the horrific displacement and enslavement of millions of African people.

Sense 3: Economic System

In a broader sense, triangular trade can refer to any economic system involving three interconnected regions or countries exchanging specific goods.

Example Sentence:

The modern triangular trade between China, the United States, and Mexico consists of electronics, textiles, and auto parts.

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