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Why would owners of large plantations rather have slaves that indentured servants?
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Why would owners of large plantations rather have slaves than indentured slaves?
Since slavery lasted a lifetime, a slave provided more years of work.
Why is maximizing shareholders wealth a good philosophy?
Shareholders are actually owners of the company in which they hold stock in. All decisions should be made with the consideration of maximizing shareholders wealth. It is not to just increase the size of the company or to see that executives get rich but rather to maximize the return for shareholders/owners of the corporation.
What explains why millions of economic resources tend to get arranged logically and productively rather than haphazardly and unproductive?
private property owners are motivated to protect and maximize the benefits from their property
capitalism?
an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
What characteristics must a society have in order for capitalism to be possible?
Capitalism is an economic system in which the means of production are privately owned; supply, demand and price are mostly set by market forces rather than economic planning; and profit is distributed to owners who invest in businesses.
Why would owners of large plantations rather slaves than indentured servants?
Since slavery lasted a lifetime, a slave provided more years of work.
Why would owners of large plantations rather have slaves than indentured servants?
Since slavery lasted a lifetime, a slave provided more years of work.
Which would owners of large plantations rather have slaves than indentured servants?
Owners of large plantations would prefer slaves over indentured servants because slaves could be owned for life and were considered property, providing greater control and ensuring a continuous source of cheap labor. Indentured servants had limited terms of service and some legal protections, making them less profitable and reliable for long-term agricultural work. Furthermore, slaves were seen as a permanent underclass, ensuring a highly stratified social structure that benefited plantation owners.
Why would owners of large plantations rather have slaves then indentured servants?
Owners of large plantations preferred slaves over indentured servants because slaves were considered property for life, providing a more consistent and long-term labor force. Slavery also offered greater control and less risk of the workforce rebelling or leaving after their term of service. Additionally, the racially-based system of slavery perpetuated social hierarchies and reinforced power dynamics in society.
What of these reason plantation owners preferred to have slaves rather than indentured servants?
Plantation owners preferred slaves over indentured servants because slaves were considered property, providing a long-term source of labor with no freedom or rights. Slaves could be inherited and their children born into slavery, ensuring a continuous workforce. In contrast, indentured servants had limited terms of service and some legal protections, making them less profitable and reliable for plantation owners.
Why would owners of large plantations rather have slaves than indentured slaves?
Since slavery lasted a lifetime, a slave provided more years of work.
Why do plantation owners prefer to have slaves rather then indentured servants?
Plantation owners preferred slaves over indentured servants because slaves were considered property and could be bought, sold, and inherited, providing a more permanent and stable labor force. Slaves were also seen as a lifetime investment whereas indentured servants were temporary workers whose contracts would expire. Additionally, slaves were often treated as less than human and did not have legal rights or protections, allowing plantation owners to exert complete control over them.
Why did colonists turn to slave labor rather than indentured servants in the late 1600s?
There was a decline in availability of indentured servants from England. The indentured servants from England weren't good workers. Indentured servitude was outlawed in the colonies.
Who were the Polish slave owners?
Upon coming to America, many Poles lived in the North, where slavery was illegal. Polish were more likely to end up as indentured servants rather than slave owners. However, many Polish Americans worked on plantations over seeing slaves, and in many circumstances would have one or two slaves which catered to an entire Polish community in the South.
What is the reason plantation owners perferred to have slaves rather than indertured servants?
Plantation owners preferred slaves over indentured servants because slaves were seen as a lifelong source of labor, whereas indentured servants typically worked for a set period before gaining their freedom. Slaves were also considered property that could be bought and sold, providing plantation owners with a greater sense of control and power. Additionally, the racial hierarchy of the time made slaves a more socially acceptable form of labor exploitation.
Which of these is a reason plantation owners preferred to have slaves rather then indentured servants?
Plantation owners preferred slaves over indentured servants because slaves were seen as a long-term and inheritable source of labor, providing more stability and control over their workforce. Additionally, slaves did not have the legal protections and rights that indentured servants possessed, making them easier to exploit and control. Finally, the racial hierarchy and beliefs of the time perpetuated the notion that Africans and their descendants were inferior and thus suitable for enslavement.
What was the reason plantation owners preferred to have slaves rather than indentured servants?
Plantation owners preferred slaves over indentured servants because slaves were seen as a lifetime investment, providing a continuous and cheap labor force. Slavery also offered a system of control and dominance that indentured servitude did not provide, as slaves were considered property and had no legal rights. Additionally, the transatlantic slave trade made it easier and more cost-effective to acquire a large number of enslaved individuals.
