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Slavery.assessments.out - Does not really measure...

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Slavery--- Historians' assessments I. Was it profitable? A. Did both individuals and South generally profit? B. Did both lose? C. Did Individuals profit but South lose? D. Correct Answer: C --- Individuals made money but price of slavery and dependence on cash crops was failure to diversify economy and reliance on north for most of banking, transportation, and manufactured products. II. Was it efficient? A. Economic historians: South more productive the north B. Based on percapita income and products per capita 1. Ignores regional variations: highest per capita income was in Southwest; rest of South had only half of north's per capita income. 2. Products per capita is a measure of market price. Cotton was in boom period in 1850s, price higher than midwestern wheat.
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Unformatted text preview: Does not really measure productivity or efficiency. 3. Slave resistance (not inherent laziness) reduced productivity and efficiency of system. III. Comparison to Latin America, particularly Brazil A. Law and role of Church make slavery seem milder B. But, reverse of US, practice made slavery harsher C. Brazil: African slave trade until 1850 -- "working to death", replacement by new men. Harsh conditions, better after abolition of slave trade. D. Free Blacks -- large group, emancipation easier. Middle men between slaves and masters E. Brazilian class structure: no absolute white/black divide: higher the class the lighter you get....
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