One of the significant impacts of slavery was the lasting economic problems and social chaos in Africa.
The slave trade had profound consequences for Europe, with profits from the slave trade running as high as 300 percent. The slave trade and plantation slavery were of prime importance in the making of the modern world, but what was a gain for the world was a loss for Africa.
The export of slaves altered the continent's population, and the impact is still felt in modern times.
The slave trades appear to have played an important role in shaping the fabric of African society, affecting a wide range of outcomes, including economic prosperity, ethnic diversity, institutional quality, the prevalence of conflict, the prevalence of HIV, trust levels, female labor force participation rates, and the practice of polygyny.
Slavery also played a pivotal role in the growth of commercial capitalism in the colonies, and American ship owners, farmers, and fishermen also profited from slavery.
Slavery also left an indelible imprint on the nation's soul, and the legacy of slavery lingers in our cities' ghettos, contributing to overpopulation and social inequality