How much money was made by the slave trade?
not claim know myself, browsed bbc history find half-decent answer. apologies analyses slave trading of british empire.
"around same time, slave-based planting , commercial profits came £3.8 million (or £450 million in contemporary terms). of course profits not reinvested, did furnish convenient pool of resources available purpose. british west indian planting profits can estimated @ £2.5 million in 1770, while trading profits on west india trade around £1.3 million, @ time when annual slave trading profits @ least £1 million. if not reinvested slave-generated profits large enough have covered quarter third of britain's overall investment needs."
i'm doing history project on trans-atlantic slave trade, , can't seem find statistic anywhere. know amount, in today's money or in money of time. thank much!!
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