Plantation Economy and Slavery in America
Plantation Economy and Slavery in America
Plantation Economy and Slavery in America
ECONOMY AND
SLAVERY IN AMERICA
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from the new territories of that period. Thus, slavery effectively
institution.
colonial predecessor.
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Between the first federal census in 1790 and the eve of the Civil
The formal end to the foreign slave trade in 1808 had no impact;
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particularly Georgia, Alabama, Mississippi, Louisiana, and
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Cotton Kingdom
the seeds from the fibre of the plant variety that grew well
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preserving their distinct slave society. Slavery was now a social
of the South.
The principal source of slaves for the Cotton Kingdom was the
staple cash crops, more and more land was being devoted to
wheat, corn, rye, and oats for local consumption. Half of the
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slaves were sold from there into the Deep South in the two
1. It was racial based on skin colour and bondage was for life
humanity.
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The masters treated their slaves both as humans and property
in their day to day activities which meant that the slave society
only gave light punishments and the system was based on give
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According to Stanely Elkins, it was an oppressive institution
economy:
market.
In the Upper South, there was shift from tobacco to wheat
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E. D. Genovese
economy.
2. It created a unique form of social relations and new
class and the profit earned flowed back into the plantation
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with the plantation system. Therefore, they had no interest to
credit to the planter class. Credit was given for land, slave, and
Genovese, meant that the planters were not capitalistic but pre-
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Result
All the capital was invested in land, crop, and slaves, and not in
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James Ford Rhodes
U. B. Philips
Kenneth M. Stampp
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Stanley Elkins
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