The asiento contract granted the South Sea Company a monopoly to supply enslaved Africans to Spanish America for thirty years. The contract treated the forced migration of people as a diplomatic concession and source of profit. It also shows how European peace settlements redistributed commercial access to human trafficking across imperial rivals.
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What did the 1713 asiento grant the South Sea Company?
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Uitleg
It was a contract to supply captive Africans to Spanish America.
The asiento was a commercial contract involving the forced supply of Africans to Spanish America.
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Uitleg
The South Sea Company gained a monopoly contract in 1713.