ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which institution developed to provide Europeans with labor in the New World?
A
Indentured servitude
B
African slavery
C
Prison colonies
D
Food for labor
Explanation: 

Detailed explanation-1: -The legal institution of human chattel slavery, comprising the enslavement primarily of Africans and African Americans, was prevalent in the United States of America from its founding in 1776 until 1865, predominantly in the South. Slavery was established throughout European colonization in the Americas.

Detailed explanation-2: -Africans came to the New World in the earliest days of the Age of Exploration. In the early 1500s, Africans trekked across the many lands in North, Central, and South America that were claimed by Spain, some coming in freedom and some in slavery, working as soldiers, interpreters, or servants.

Detailed explanation-3: -The Portuguese, in the 16th century, were the first to buy slaves from West African slavers and transport them across the Atlantic. In 1526, they completed the first transatlantic slave voyage to Brazil, and other Europeans soon followed.

Detailed explanation-4: -The first 130 years the Portuguese dominated the transatlantic slave trade. After 1651 they fell into second position behind the British who became the primary carriers of Africans to the New World, a position they continued to maintain until the end of the trade in the early 19th century.

There is 1 question to complete.