Two crops came to dominate Carolina agriculture. In the 1680s planters discovered that rice grew well in the wet coastal lowlands. Growing rice required much labor, and the demand for slave labor rose. Another important crop was indigo.
the concern is that unemployment may increase because fewer workers are needed.
growing rice required much labor,so the demand for slaves increased.
increase the elasticity of demand for construction workers
Derived demand results from a demand for increase in intermediates goods or production resulting from another demand resulting for final or intermediate goods. For example, a demand for an item can make its production increase, which makes its labor increase.
Increase in demand::It imply rightwaed shift of demand curve.Therefore change in factors other than price.1. increase in taste increase in demand curve2. increase in popoulation increase in demand curve3. increase in income increase demand if normal good4. fall in income increase demand if an inferior good5. increase in price of substitute (pepsi) increase demand for good(coke)6. fall in price of complement (beer) increase demand for good7. if we expect the price of the product to increase in the future , our demand today will increase.Increse in quantity demanded::Movement up the demand curve.Therefore change in price-------- increase in price cause a decrese in quantity demanded,decrese in price cause an increase in quantity demanded .
High demand for workers
High demand for workers.
If there is an increase in demand then a new demand curve appears to the right of the original, but if there is an increase in quantity demanded, then there will only be an increase in price and a new demand curve will not appear.
The demand curve for labor is downward sloping because as the wage rate decreases, employers are willing to hire more workers to save on costs and increase production.
The industrial revolution increased the demand for workers because they had created more jobs.
The demand for enslaved workers in the Carolinas increased as the colony's economy expanded, particularly with the rise of lucrative cash crops such as rice and indigo. These crops required intensive labor for cultivation and harvesting, which led plantation owners to seek a reliable and cost-effective labor force. Additionally, the establishment of a plantation system, coupled with the shortage of white laborers willing to work under harsh conditions, made enslaved Africans the preferred choice for labor. As the economy thrived, so did the reliance on enslaved labor to sustain and grow agricultural production.
growing rice required much labor,so the demand for slaves increased.