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Economics and Slavery

Economics and Slavery

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Economics and Slavery. Developing the Continent. How? . Pick a labor force . You need 100 workers to develop 20 square miles of land. Do the math. 100 European workers can develop 20 square miles of land/year. Each European worker demands a salary of 10.00/year. - PowerPoint PPT Presentation

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Page 1: Economics and Slavery

Economics and Slavery

Page 2: Economics and Slavery

Developing the Continent

Page 3: Economics and Slavery
Page 4: Economics and Slavery

How? Pick a labor force. You need 100 workers to develop 20 square miles of land. Do the math. 100 European workers can develop 20 square miles of land/year. Each European worker

demands a salary of 10.00/year. 500 Native Americans can develop 7 square miles of land/year. Native Americans need to be

replaced monthly because this group does not survive once exposed to Europeans. 100 European indentured servants can develop 10 square miles of land/year. The

requirement is passage to the New World. Each passage ticket is 30.00. Each servant must be released after seven years.

1) How long and how much would it take to develop 40 square miles?

Page 5: Economics and Slavery

Indentured Servants

Page 6: Economics and Slavery

New Option

A

B

C

D

African CostTribe A 1.00Tribe B 2.00Tribe C 3.00Tribe D Free

2) What tribe will you purchase from?

Page 7: Economics and Slavery

If D

Page 8: Economics and Slavery

AfricansIf you selected D you are now sick and suffer death. Europeans are not immune to African interior diseases. Pick another option from previous page. Go back to “pick a labor force” page. Add Africans to the list. Africans cost 1.00 and develop 25 square miles. Pick a labor force again.

Page 9: Economics and Slavery

3) Why would such a device be needed?

Page 10: Economics and Slavery

Permanent Involuntary Hereditary Servitude

4) What does the above phrase mean? 5) Pretend you are part of a local/state government dealing with the legal issue of African workers. Create a law that allows slavery. 6) Mulatto children are popping out everywhere. If Papa determines status in society then the Mulatto kids are not born slaves. Create a law that finds a loophole for this problem.

Page 11: Economics and Slavery

A Global Event

7) Conclusion

Page 12: Economics and Slavery

TransportationSlave capacity=500Slaves sell for 3.00 in USAfrican cost=1.00 (tribe A)Crew cost=20.00Ship operation=10.00Feeding slaves=.20/each

7) How many will you take over the Atlantic?

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The journey from Africa to the New World takes 3 months. Consider the following:

8) If you decided to transport 500 slaves 300 will not survive. Determine profit here __________________________

If you decided to take… 400-----150 do not make the journey300-----75 do not make the journey250-----All survive Tight Packing-Using the full load capacity of a ship to transport Africans. Living

conditions, food and natural selection kill of some of the cargo. Notice the word cargo.

Loose Packing-Decision to take less African cargo but improving ship conditions resulting in less death.

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Page 19: Economics and Slavery

50 Years Later

8) Female slaves are now in demand. Why?

9) Go back to “transportation” page. Females cost 5.00males cost 3.00 (inflation and tribes in Africa demand more payment). How many Africans will you transport?

Page 20: Economics and Slavery

Plantation OwnerYou have 100 slaves producing 30 pounds of cotton/day. Cotton will be sold to

factories in the north. Northern factories are using the cotton to produce clothing. Do you remember the Loewell girls?

10) You need to produce 20,000 pounds/week. What will you do to achieve this goal?

100 slaves.50 to feed each slave20.00 daily operation costNorthern factories pay 25.00/1,000 poundsNorthern factories will pay 550.00/21,000 pounds/week

11) Determine profit

Page 21: Economics and Slavery

Slave Breaking

Page 22: Economics and Slavery

Pick More Year Pounds

1790 1,567,000

1795 8,359,500

1800 36,572,500

1805 73,145,000

1810 88,819,000

1815 104,493,000

1820 167,189,000

1825 266,457,500

1830 365,726,000

1835 530,355,500

1840 673,116,000

1845 902,111,500

1850 1,066,925,500

1855 1,608,708,500

1860 1,918,701,000