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C. R. Bricken sold life insurance policies on both enslaved black people and free white people, and listed a number of notable slave traders (including Seth Woodroof, Robert Lumpkin, Silas Omohundro, Hector Davis, Solomon Davis, and R. H. Dickinson) as references to whom "losses had been paid" (Richmond Enquirer, November 6, 1855)
The weighted average annual profits generated by a slave in 2007 was $3,175, with a low of an average $950 for bonded labour and $29,210 for a trafficked sex slave. Approximately 40% of slave profits each year were generated by trafficked sex slaves, representing slightly more than 4% of the world's 29 million slaves. [71]
Slave trade in the United States (4 C, 24 P) Pages in category "Economic history of slavery in the United States" The following 6 pages are in this category, out of 6 total.
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
Slavery in the United States was a variable thing, in "constant flux, driven by the violent pursuit of ever-larger profits." [66] Complex as it was, historians do know, however, that slavery in the United States was not a "deferred-compensation trade school opportunity." [67] Harriet Beecher Stowe summarized slavery in the United States in 1853 ...
Wage slavery is a term used to criticize exploitation of labour by business, by keeping wages low or stagnant in order to maximize profits. The situation of wage slavery can be loosely defined as a person's dependence on wages (or a salary) for their livelihood, especially when wages are low, treatment and conditions are poor, and there are few ...
Capitalism and Slavery is the published version of the doctoral dissertation of Eric Williams, who was the first Prime Minister of Trinidad and Tobago in 1962. It advances a number of theses on the impact of economic factors on the decline of slavery, specifically the Atlantic slave trade and slavery in the British West Indies, from the second half of the 18th century.
An Act for the Release of certain Persons held to Service or Labor in the District of Columbia, 37th Cong., Sess. 2, ch. 54, 12 Stat. 376, known colloquially as the District of Columbia Compensated Emancipation Act or simply Compensated Emancipation Act, was a law that ended slavery in the District of Columbia, while providing slave owners who remained loyal to the United States in the then ...