Slavery and the Industrial Revolution

1
Slavery and the Industrial Revolution
2
Outcomes

• 3.3 examine the economics of the slave trade
  (Reasons, Supply and demand, Industrial
  Revolution, Triangular trade, Profits)

3
Terms

• Slavery The condition where humans are kept as
  tools for labor
• Industrial Revolution 1600-1900s, The shift
  from a rural to urban lifestyle, focuses on
  moving from farms to industry and factories.
• Indentured Servant Someone who agrees to work
  for free for a specific amount of time to work
  off a debt or to gain favor

4
Economics of Slavery

• Industry needed materials
• Suppliers of cotton, rubber, minerals and
  materials needed to harvest the resources
• Suppliers could not afford to pay wages
• Indentured servants would eventually want to be
  released
• Money saved on labour would be accumulated

5
Who Profits?

• Ship owners
• Colonial traders
• Slave hunters
• Factory owners
• Plantation owners
• Mining companies

6
Who Pays?

• Slaves
• Generations of people after slavery
• Will be a cause of the American Civil War
• Will be a cause of the rebellions in the
  Caribbean

7
Ironically, as industrialization increases and
labour shifts to factories from natural resource
harvesting
8
slavery becomes obsolete.

• Instead the Industrial machines of the new world
  need cheap and abundant labour. Slavery is not
  enough to keep the machine going

9
The industrial machine needs people willing to
work long and hard.

• Which immigrants to new nations were more than
  willing to do.

10
Until Then Slavery fuels industry which in turn
feeds the colonies and the colonizers.

• The wealth of the Americas and Europe is made
  literally on the backs of enslaved Africans.