Referring to the Feature,"World History in Today's World: Twenty-One Million

question 43

Essay

Referring to the feature,"World History in Today's World: Twenty-One Million Slaves," as well as other text material,discuss the forces that enabled the growth of slavery historically,and the factors that have enabled it to continue in the modern world.

---

Definitions:

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another.

Income

The money received by an individual or entity, typically measured over a certain period, for labor, services, or through investments.

Claret

A term primarily used in British English to refer to red Bordeaux wine.

Substitution Effect

The substitution effect occurs when consumers replace more expensive items with less costly alternatives, holding utility constant.