When you hear the word ‘slavery’ what are the first thoughts that come to mind? For most people its something along the lines of bad, wrong, scary, heartbreaking, sad, and so on. While all of these thoughts do accurately describe what slavery was, there is a great depth to this concept that remains quite unclear. There is so much to how slavery impacted the United States that isn’t too often elaborated on. Edward Baptiste; the author of the book The Half That Has Never Been Told informs readers on how the United States of America managed to gain an economic standpoint throughout the 1600’s and 1800’s and also goes into the slavery system and how it grew. This book has dense amounts of information, which is not only laid out in impactful format,
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Slavery made an enormous impact on areas such as the north and the south. There were several groups and businesses that especially benefited from having slaves working for them. These groups included plantation owners as well as merchants. “Colonies benefited heavily from slave trade” (Professor Jones) colonies impacted heavily from slavery mainly because of the way in which slaves were transported. A prime example of those who benefited would be overseas businesses and exporters. They built more ships depending on how many slaves were carried aboard as well as the transportation fee that was charged. These groups benefited so much because slavery was a major form of labor in which they received their goods. Like I states earlier plantation owners didn’t have to make a large investment on their slaves. The slaves would simply pick crops and the slave-owners would then sell those goods to merchants. The merchants would then make their income by either selling the products themselves or products made from the materials. This process is also known as mercantilism. Mercantilism remained throughout the 1600’s as well as the 1800’s. It is the process in which the amount of profit from exporting/trading goods was regulated. Areas such as Europe used mercantilism so that they could make as much income as they could through the transportation of goods. They used this to see which goods brought in the most income so that they knew what to produce more of. The impact slavery had on capitalism continued to grow and spread throughout
Slavery made an enormous impact on areas such as the north and the south. There were several groups and businesses that especially benefited from having slaves working for them. These groups included plantation owners as well as merchants. “Colonies benefited heavily from slave trade” (Professor Jones) colonies impacted heavily from slavery mainly because of the way in which slaves were transported. A prime example of those who benefited would be overseas businesses and exporters. They built more ships depending on how many slaves were carried aboard as well as the transportation fee that was charged. These groups benefited so much because slavery was a major form of labor in which they received their goods. Like I states earlier plantation owners didn’t have to make a large investment on their slaves. The slaves would simply pick crops and the slave-owners would then sell those goods to merchants. The merchants would then make their income by either selling the products themselves or products made from the materials. This process is also known as mercantilism. Mercantilism remained throughout the 1600’s as well as the 1800’s. It is the process in which the amount of profit from exporting/trading goods was regulated. Areas such as Europe used mercantilism so that they could make as much income as they could through the transportation of goods. They used this to see which goods brought in the most income so that they knew what to produce more of. The impact slavery had on capitalism continued to grow and spread throughout