colonial trade
Empire's merchant exchange
Colonial trade is commerce between a colonizing power and its colonies, typically characterized by extracting raw materials from colonies while selling them finished goods.
The system enriched European empires at the expense of colonized peoples: Colonial trade in sugar and tobacco depended on enslaved labor.
The term often carries critical connotations about exploitation and economic imbalance.
- mercantilismTrade policy favoring exports
- slaveryOwnership of people
- slave shipsVessels transporting enslaved people
- sugarCrystalline carbohydrate sweetener
- tobaccoDried smoking leaf
indentured servitude · economic dependency · forced labor · rum · Navigation Acts · mother country · colonial masters · East India Company · coffee · Middle Passage · cotton · fur · tariffs · protectionism · tea · spices · exports · trading posts
- American HistoryAmerican Revolution, Revolutionary War, colonial era, founding fathers, Declaration of Independence
- NetherlandsAmsterdam, Rotterdam, The Hague, Utrecht, tulips
- Colonial AmericaGeorge Washington, Thomas Jefferson, Ben Franklin, Benjamin Franklin, Declaration of Independence
- colonialismcolonization, colonial rule, colonial powers, colonizer, colonies
- economic historystock market crash, Industrial Revolution, Great Depression, gold standard, Silk Road
- trade historymerchant, traders, colonial economy, trader, merchant ships
historical era and development model
colonial tradeimport substitution
Domestic production over foreign goods