The triangular trade’s profits directly financed the Industrial Revolution in England

Evidence

The triangular trade… gave a triple stimulus to British industry. The Negroes were purchased with British manufactures; transported to the plantations, they produced sugar, cotton, indigo, molasses and other tropical products, the processing of which created new industries in England; while the maintenance of the Negroes and their owners on the plantations provided another market for British industry, New England agriculture and the Newfoundland fisheries. By 1750 there was hardly a trading or a manufacturing town in England which was not in some way connected with the triangular or direct colonial trade. The profits obtained provided one of the main streams of that accumulation of capital in England which financed the Industrial Revolution. — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 431

Categorization

• corroborated: 2 independent passages support this claim — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 431
• XREF: connects to: Slave-created colonial wealth financed British commercial and industrial growth; American territorial expansion, slavery, and cotton drove the Industrial Revolution symbiotically — Deepa Kumar, Islamophobia and the Politics of…, 199; American cotton built on expropriated land and slave labor powered the English Industrial Revolution

Broader Connections

• Slave-created colonial wealth financed British commercial and industrial growth #corroborates (0.85)