Slavery and the Industrial Slavery and the Industrial RevolutionRevolution

OutcomesOutcomes

3.3 3.3 examine the economics of the slave examine the economics of the slave trade (Reasons, Supply and demand, trade (Reasons, Supply and demand, Industrial Revolution, Triangular trade, Industrial Revolution, Triangular trade, Profits)Profits)

TermsTerms

Slavery – The condition where humans are kept Slavery – The condition where humans are kept as tools for laboras tools for labor

Industrial Revolution – 1600-1900’s, The shift Industrial Revolution – 1600-1900’s, The shift from a rural to urban lifestyle, focuses on moving from a rural to urban lifestyle, focuses on moving from farms to industry and factories.from farms to industry and factories.

Indentured Servant – Someone who agrees to Indentured Servant – Someone who agrees to work for free for a specific amount of time to work for free for a specific amount of time to work off a debt or to gain favorwork off a debt or to gain favor

Economics of SlaveryEconomics of Slavery

Industry needed materialsIndustry needed materials Suppliers of cotton, rubber, minerals and Suppliers of cotton, rubber, minerals and

materials needed to harvest the resourcesmaterials needed to harvest the resources Suppliers could not afford to pay wagesSuppliers could not afford to pay wages Indentured servants would eventually want Indentured servants would eventually want

to be releasedto be released Money saved on labour would be Money saved on labour would be

accumulatedaccumulated

Who Profits?Who Profits?

Ship ownersShip owners Colonial tradersColonial traders Slave huntersSlave hunters Factory ownersFactory owners Plantation ownersPlantation owners Mining companiesMining companies

Who Pays?Who Pays?

SlavesSlaves Generations of people Generations of people

after slaveryafter slavery Will be a cause of the Will be a cause of the

American Civil WarAmerican Civil War Will be a cause of the Will be a cause of the

rebellions in the rebellions in the CaribbeanCaribbean

Ironically, as industrialization Ironically, as industrialization increases and labour shifts to increases and labour shifts to factories from natural resource factories from natural resource

harvesting…harvesting…

… … slavery becomes slavery becomes obsolete.obsolete.

Instead the Industrial machines of the Instead the Industrial machines of the new world need cheap and abundant new world need cheap and abundant labour. Slavery is not enough to keep labour. Slavery is not enough to keep

the machine going…the machine going…

The industrial machine needs The industrial machine needs people willing to work long people willing to work long

and hard. and hard.

Which immigrants to new nations Which immigrants to new nations were more than willing to do.were more than willing to do.

Until Then – Slavery fuels Until Then – Slavery fuels industry which in turn feeds industry which in turn feeds

the colonies and the the colonies and the colonizers.colonizers.

The wealth of the Americas and The wealth of the Americas and Europe is made literally on the Europe is made literally on the

backs of enslaved Africans.backs of enslaved Africans.