African slavery in the United States

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There are several economic factors that contributed to the African slavery in the United States. Patterson (2002) asserts "Slavery was born out of economic motives. Its perpetuation was driven by economic factors…

Introduction

There are several economic factors that contributed to the African slavery in the United States. Patterson (2002) asserts "Slavery was born out of economic motives. Its perpetuation was driven by economic factors, and even many efforts by abolitionists to end slavery had economic motives.Three economic factors contributing to slavery included (1) labor costs, (2) labor availability, and (3) profitability. On a micro level, these factors drove plantation owners to seek slave ownership. Yet, there was a much broader economic impact from slavery. "A general scholarly consensus contends that slavery was profitable. Some scholars make the further claim that slave labor not only contributed greatly to the economic growth and development of America but also helped finance the Industrial Revolution, stimulate the rise and growth of cities and industries, and fuel capitalistic development" (Patterson, 2002, para. 3). In effect, as insidious of an institution slavery was, America likely owes much of its status as a global economic power to the fact that slavery existed.This may raise the question of why slavery was not embraced in the North to the extent it was in the South. Arguably, if slavery was so economically advantageous, it should have been more widely adopted by those seeking to gain economic benefit. The answer lies in the nature of how slave labor was deployed. "It was much more profitable in the South. ...
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