After 1680, Reliance on Slave Labor in Colonial America Rapidly

question 51

Multiple Choice

After 1680, reliance on slave labor in colonial America rapidly increased because

• A) higher wages in England reduced the number of emigrating servants.
• B) planters feared the growing number of landless freemen in the colonies.
• C) the British Royal African company lost its monopoly on the slave trade in colonial America.
• D) Americans rushed to cash in on slave trade.
• E) all of these.

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Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford to purchase at given prices and income level.

Money Income

The total amount of monetary earnings received by an individual or household, including wages, salaries, benefits, and income from investments.

Product Prices

The financial cost at which goods or services are offered to consumers in the market.

Budget Line

A graphical depiction of all possible combinations of two goods that a consumer can afford given their income and the prices of the goods.