how did triangular trade benefit european colonies in the americas
Triangular trade New England also benefited from the trade, as many merchants from New England, especially the state of Rhode Island, replaced the role of Europe in the triangle. New England also made rum from the Caribbean sugar and molasses, which it shipped to Africa as well as within the New World.[7] Yet, the "triangle trade" as considered in relation to New England was a piecemeal operation. No New England traders are known to have completed a sequential circuit of the full triangle, which took a calendar year on average, according to historian Clifford Shipton.[8] The concept of the New England Triangular trade was first suggested, inconclusively, in an 1866 book by George H. Moore, was picked up in 1872 by historian George C. Mason, and reached full consideration from a lecture in 1887 by American businessman and historian William B. Weeden.[9] The song "Molasses to Rum" from the musical 1776 vividly describes this form of the triangular trade.