What role did the Transatlantic Slave Trade play in shaping early American economy? 🔊
The Transatlantic Slave Trade was pivotal in shaping the early American economy, primarily through the forced labor of enslaved Africans in the production of cash crops. This trade significantly contributed to the economic foundation of the Southern colonies, particularly in the cultivation of tobacco, cotton, and sugar. The labor-intensive nature of these crops created immense wealth for plantation owners, which in turn fueled growth in related sectors such as shipping and manufacturing. The integration of enslaved labor also solidified racial hierarchies, leading to long-lasting social and economic disparities that persisted long after emancipation.
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