Explain the economic basis of African Slavery and its impact on the Essay

Explain the economic basis of African Slavery and its impact on the emerging nation - Essay ExampleAt the time of slavery, cotton from the southmost comprised the majority of both cotton grown world wide. With the invention of the cotton gin, cotton could not be grown speedy enough to meet the demand. Without slaves cotton production would have dramatically decreased, effecting not only the slave owners, merely the pious abolitionists and everyone that wore cotton harvested by the slaves. This is just one example of slaves being cheap labor. Many separate professions in the South were based on this cheap labor, such as housekeepers, ironsmiths, and various other jobs slaves ricked at for fee.The second economic reason slavery lasted so long was the monetary range of each slave. separately slave cost from two hundred to two thousand dollars depending on gender and age. These prices are an example, antithetical sales had different prices, but slaves had monetary value. Souther n slave owners would complain that the government was taking worth(predicate) property if slaves were freed. Slave owners did not see slaves as humans with souls, but as property.The monetary value of a slave leads to the third economic reason slavery lasted so long. If slaves were freed, could the government afford it? Questions were raise such as who would pay slave owners for their loss? And who would give slaves money to start their new smell as free in America? And lastly who would pay to have the slaves returned to Africa? Would slaves take jobs from whites? The unification and the South were at loss concerning what to do once slaves were free. No one took into account that once the slaves were free that they would work for wages to be integrated into American society.The North and the South were overly concerned with the economic issues of slavery. Although the North had many people against slavery, many looked the other way because of the imported goods from the South be cause of the cheap labor of slaves. The fall in States government did not want