what are the economics of slavery?
It is the political and social system where one group of people
are brutually opressed by another group of people by their racial
beliefs. It should be and must be viewed as a part of human rights.
Its have been part of old traditional economic system which passed
away without any creations of war. But the new economic view of
people have challenged the old economic view saying that slavary is
an primarily the important economic phenomenon.
How did the economies of slavary shape southern politics
and southern society and social heirarchy-
- In 1970 at the time of civil war the population of slavery in
America got increased rapidly from 8 hundred thousand to 5 million
approximately. In 1820 The business of tobacco starts increasing
and slavery was concentrated in those areas where it was growing
specially in deep south zones like mississippi, Georgia, Alambama ,
Texas Etc.
- Cotton production was particulary limited due to spreading of
seeds. But the cotton gin solved the problem as it came along with
the invention of tobacco growing regions of south.
- For the cotton industry expansion slaves were required which
were mainly from upper south. Even country's half of the corn was
planates in south where slaves were primarily required.
- The whole America was witnessing the nature of economy and
society of the south zone particulary in agriculture and rural and
urban industrialization as compared to north is very high.
- The job of the slaves in the south zone are growing profitable.
Profitablity increased was drastically in first half of nineteenth
century as cost of slaves were at level.
- Plantation in south was growing and but there was a myth that
entire white population have owned the slaves it was not correct as
three quaters of southern region have no slaves at all.
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