During the 18th century, Liverpool made about £300,000 a year from the slave trade. The slave trade made a great deal of money for the city's docks. The stimulus it gave to trading and industrial development throughout the north-west of England and the Midlands was of crucial importance.
In 1700 Liverpool was a fishing port with a population of 5,000 people. By 1800, 78,000 people lived and worked in Liverpool. Thousands found work because of the slave trade:
Liverpool was prosperous and booming, and its success was the result of its involvement in the slave trade.