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Slave labor enabled European countries to earn huge profits on crops grown in the Americas.

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Q: One of the basic principles of mercantilism was that countries needed to have wealth in order to have power. What role did slavery play in the mercantile system?
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What was the encomienda system in the Spanish colonies most similar to A mercantilism B Feudalism C a corporate colony D chattel slavery E enlightened absolutism?

Chattel slavery


Who profit from slavery?

who profited most from the union of slavery and cotton production


What is the free trade and market about?

It is about globalization, an example of free trade is American companies firing workers in America and sending the work overseas so they can pay workers almost no money at all in near slavery conditions in foreign countries.


How did Slavery affect the economic system after the establishment of American Independence?

Slavery made the economy of the earlier colonies not only a viable economy but a profitable one. Without slavery in the cash crop producing states. The tobacco, sugar, tea, alcohol, and cotton trade would not be nearly as productive or profitable. Slavery kept production cost down and helped boost America's trade with other countries. Also, with blacks doing most of the hard extensive labor in the fields. More whites were able to pursue other interest like get jobs in cities or move westward. Slaves enabled a lot of early Americans to be able to own larger tracts of land and farm it.


What three things work together to make the southern economy?

Cotton, Slavery, and Oil

Related questions

What role did the slavery play in the mercantile system?

Slave labor enabled European countries to earn huge profits on crops grown in the Americas.


What role did slavery play in mercantile system?

Slave labor enabled European countries to earn huge profits on crops grown in the Americas.


Is slavery incompatible with the most fundamental American principles?

Freedom and liberty are considered to be two fundamental American principles, and slavery is certainly incompatible with both. Slavery was officially abolished in the US in 1865.


How do you think the principles of the declaration could be applied to slavery?

The principles of the declaration - that all men are created equal and have inherent rights to life, liberty, and the pursuit of happiness - can be applied to slavery by recognizing that slavery is a violation of these rights. By abolishing slavery and ensuring equal rights and opportunities for all individuals, we uphold the principles of the declaration and promote a more just and equitable society.


What was the encomienda system in the Spanish colonies most similar to A mercantilism B Feudalism C a corporate colony D chattel slavery E enlightened absolutism?

Chattel slavery


What were the most distinctive principles of the new confederate government?

the continuation of slavery


How was American slavery different from slavery in other countries?

it wasnt different


Is slavery a violation of fundamental moral and religious principles?

The vast majority of people today do believe that slavery violates fundamental moral and religious principles. This hasn't always been the case, and in the past, some actually used religious arguments to try to justify the institution of slavery.


How can america's founding principles be just if the country did not abolish slavery?

The founding principles of America can be just if the country did not abolish slavery as it was established during a time when slavery was common practice. When the country was first established, many citizens owned slaves to take care of manual labor.


What countries did not have a period of slavery?

none


Did slavery start in 1850?

No, slavery started long before, in Ancient countries.


Why did it take so long for slavery to end in America?

The first countries in the world to abolish slavery were in Europe and North America. Many countries in Africa did not abolish slavery until the 1980s.