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  • Economics of Slavery

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    Slavery in America developed slowly over time, starting with servants brought from West Africa, and eventually grew into a system where enslaved people were treated as commodities and given monetary values based on their potential labor, with young children usually all being priced the same. Business terms were used to refer to enslaved people, reflecting how the system of slavery was intertwined with capitalism and markets that encouraged the trading and selling of people.

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    Slavery in America developed slowly over time, starting with servants brought from West Africa, and eventually grew into a system where enslaved people were treated as commodities and given monetary values based on their potential labor, with young children usually all being priced the same. Business terms were used to refer to enslaved people, reflecting how the system of slavery was intertwined with capitalism and markets that encouraged the trading and selling of people.

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    14 views1 page

    Economics of Slavery

    Uploaded by

    cloudy
    Slavery in America developed slowly over time, starting with servants brought from West Africa, and eventually grew into a system where enslaved people were treated as commodities and given monetary values based on their potential labor, with young children usually all being priced the same. Business terms were used to refer to enslaved people, reflecting how the system of slavery was intertwined with capitalism and markets that encouraged the trading and selling of people.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

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    Economics of slavery
    the first generation were servants brought from West Africa

    slavery came slowly over time

    “the capitalism that was fuelling the market, the desire to purchase
    sell, and trade enslaved people”

    value was given to slaves based on their labor potential yearly

    young kids were usually all priced the same

    business terms to refer to people

    Economics of slavery 1

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