The Western World in Africa before 1800 The Mercantilist Period of European Contact
Date Submitted: 09/21/2004 17:48:32
Category: / History / World History
Length: 5 pages (1469 words)
Category: / History / World History
Length: 5 pages (1469 words)
The mercantilist period in European economic history:
-<Tab/>The era of merchant capital as opposed to industrial capital
-<Tab/>Merchant capital depends for its growth on the connections between different social and productive systems, e.g. profits from trade.
-<Tab/>This kind of capital grew and developed in the trade between the vastly different cultural, religious, political and economic systems …
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…kingdoms of Oyo, Dahomey, Benin and Asante arose.
4.<Tab/>Powerful Coastal states emerged, as well as a stratum of intermediaries whose fortune and position in society depended negotiations between African and European of: An African coastal bourgeoisie.
5.<Tab/>Slaves were passed on " like a baton in a relay aimed at the coast.
6.<Tab/>Transported in terrible conditions, many died en route to destinations
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