History of Liverpool through several stages has been rough, tough and tremendous. It has undergone an evolution that a tiny pebble undergoes in its path along the river to gain the smooth texture. It took so many years for Liverpool to attain the state of a trade city.
Conception of Liverpool borough: The name suggests that Liverpool must have been a pool of muddy water. Its discovery dates back to 1190. King john first issued letter to proclaim the borough of Liverpool in 1207 and that’s when it was getting population from other cites and boroughs. Rapid changes were made at the borough during King John’s rule. An independent port was built at Liverpool that dispatched all goods to Ireland. After a few settlers came into the borough, fishing and marketing started to gain acceleration. It is very obvious that marketing would lead to costal trading through the port. Without doubts, that was what had happened at Liverpool. Almost in the 14th century very meager population of 1000, people settled at Liverpool with the only aim to survive. This aim has deteriorated the economy of the borough and soon recession set in Liverpool. Todayjobs may be facing the axe but its still a vibrant city with huge potential. With centuries of tradition and culture there is no doubt that it is be a major source of industrial attraction.
Elizabeth Era: During this era, the borough concentrated much in construction of artifacts. Styles and architectures gained more importance to please Elizabeth. Economy also gained its par during this era. Cargo started to appear at the borough from both America and at West Indies. The trade was simple at the initial stages. It involved cloth, coal and sugar. The second level of trade advantage was with tobacco. Liverpool exported sugar and tobacco to get the other meager supplies from other nations. It soon had a refinery for sugar established at its soil. This level of advanced trade gave good economy acclivity. This in turn triggered the population level in the borough.
Trade City: the city finally evolved into a great trade city with slave trade. Slave trading was popular during this era. Liverpool got the first wet dock in the entire Britain. The wet dock that could harbor around 100 ships at a time. Almost 40% of the slave trade in the world was using this Liverpool dock.
To be brief the slave trade contributed much to Liverpool’s economy. Though it was soon felt unscrupulous and laws were enforced against slave trading, several merchant did continue slave trading as it yielded good amount of profits. This slowly triggered the slave black market. Soon industrialization and economy expansion led the city to be a greatest economic giant of its time.
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