The Economic Reasons That Would Have Put an End to Slavery in the USA - Assignment Example

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"The Economic Reasons That Would Have Put an End to Slavery in the USA" paper explains how slavery could have been transformed into freedom without merely abandoning it. This means considering the work that was done by the slaves and making better policies…

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The Economic Reasons That Would Have Put an End to Slavery in the USA

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Subject: History
Type: Assignment
Level: High School
Pages: 3 (750 words)
Downloads: 0
Author: delldeckow

Extract of sample "The Economic Reasons That Would Have Put an End to Slavery in the USA"

The analysis considers the work done by the slaves and compares them with the free men. It also tries to explain the factors that determined the agricultural output as a measure of the effectiveness of slaves, like the working hours, strategies used, type of plant/livestock, and working intensity among many other factors.

This tries to find out if there were any economic conditions that would have put an end to slavery.AnalysisThe slaves did a lot of work as compared to free men. Their outputs were very high, and they were able to withstand long working hours, harsh weather conditions, and poor living standards among other difficulties. These men were forced to work and had no motivation to work in firms. Suppose these men were free and some consideration was offered to motivate them to work harder. Wouldn’t they be highly productive and efficient?

Forgel and Engerman (1977) defined efficiency and argued that slaves were efficient. Fogel and Engerman used a geometric index of the relative factor productivity to measure the contribution of slaves to the total production of firms. The northern and southern indexes derived, assumed that some factors were equal like the distribution of men, women, and children; the land quality etcetera. This was a framework for comparison between the free people and the slaves. The slaves worked for more hours than the free men (generally from sunrise to sunset).

They also worked with a higher intensity per unit hour than the free men. This is evident from the study done by Fogel and Engerman. Furthermore, the slaves were engaged in more domestic work than free men. This shows that there was a lot of inefficiency in measuring the productivity of the slaves. There are some criticisms about the measurement criteria since they used the output. Between 1857 and 1860, there was a boom in the market for cotton and demand was very high. This raised the prices and revenues acquired, thus, the output compared with the north could have been biased.

From a subjective point of view, through social interactions, the slaves could have turned into free men and start behaving as free men.

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The old view of slavery in the U.S. was that it was economically ine Assignment. https://studentshare.org/history/1759895-the-old-view-of-slavery-in-the-us-was-that-it-was-economically-ine

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