Saturday, December 28, 2019
Slavery Was The Engine Of American Economic Growth
There is no doubt that slavery was the engine of American economic growth. United States of America experienced an economical revolution during the slave era and slavery was one of the main factors that contributed to that. As slavers took African slaves for granted and used them to satisfy their economic purposes. Surely it will make sense. Slave labor benefited the economy in many ways, such as agriculture, construction, slave owners and slave trade. We will start with how the Atlantic slave trade and labor had an impact in the beginning of the 18th century. One of the factors that funded the industrial revolution came out of the slave trade that was dominated by English traders at the peak of slave trade and the money that came out of producing tobacco and sugar in America by of course slave labor. ââ¬Å"The profits from Atlantic slave trade, together with those from the sugar and tobacco produced in the Americas by slave labor, were invested in England and helped fund the Indust rial Revolution during the eighteenth centuryâ⬠(Middle passage). We can conclude that slavery was the backbone of the economy, which helped in making the industrial revolution. By having huge amount of slaves work their butts off in plantations without paying them back made landowners make a lot of profit. ââ¬Å"The aim was to carry as many Africans in healthy condition to the Americas as possible in order to make the large profits that justified such expendituresâ⬠(middle passage). 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