Why did slavery made huge profits?

Anonymous

∙ 13y ago

Updated: 8/20/2019

Very simple. In slavery, the only expenses for the slave owners were buying the slaves, and feeding them. Slave owners did not have to pay slaves, meaning very little overhead, meaning almost 100% profits.

Wiki User

∙ 13y ago

What else can I help you with?

In virgina huge profits were made from?

tobacco.

Which colony made huge profits as as a result of tobacco sales to Europe?

The Virginia colony made huge profits as a result of tobacco sales to Europe.

What colony made huge profits of tabocco sales in England?

Virginia

Which colony made huge profits because of tobacco sales to Europe?

Virginia.

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.

Which colony made huge profits as a result of tobacco sales in Europe?

u tell me

Which group made huge profits on the purchase of bonds issued during the American Revolution?

The Speculators

Which group made huge profits on the purchase of bonds issued during the American Revloution?

bankers

What were large farms that grew just one kind of crop and made a huge profits for their owners?

a plantation

What would happen if you had a proboscis to eat with?

probably ,the juicer-mixer-grinder production industries would have made huge profits

What did Britain gain from slavery?

resources and massive profits :)

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