A system of involuntary servitude n which the laborer is forced to work off a debt. This was mostly used on Mexicans and African Americans.
having to stay at one job just to pay what you owe
having to stay at one job just to pay what you owe
having to stay at one job just to pay what you owe
Debt consolidation can be a great tool to help manage your debt. By bringing all of your debt to one lender, you eliminate the hassle of making several payments. Read the rest of the article in the related links section.
Debt peonage (wage slavery) is when an employer compels a worker to pay off a debt with work.
Debt peonage
The system of sharecropping is similar to debt peonage. In sharecropping, farmers work the land in exchange for a share of the crops, often leading to cycles of debt and dependency similar to debt peonage. Both systems exploited individuals by trapping them in cycles of debt and labor.
Having to stay at one job just to pay what you owe
Debt Peonage was practiced in Peru from the 16th century until 1950. This was the practice wherein workers has to meet a required working time in a week and that they are not allowed to go beyond the land assigned to them.
The peonage system is a system of involuntary servitude used to pay off debt to creditors. The peonage system affected Latin America by encouraging slavery in Latin American countries.
Pay off debts through labor
A system of involuntary servitude n which the laborer is forced to work off a debt. This was mostly used on Mexicans and African Americans.
In peonage, free workers were not much better off than the slaves. Since wages were low and prices were high, workers were in debt. Their debt accumulated and passed from one generation to the next.
debt peonage (apex)
having to stay at one job just to pay what you owe
Debt peonage