If a Series of Severe Storms in the Atlantic Ocean

question 40

Multiple Choice

If a series of severe storms in the Atlantic Ocean drastically significantly disrupted the the transatlantic slave trade, which would most accurately describe the market for indentured servants in colonial America?

• A) The price and quantity of servants would increase.
• B) The price and quantity of servants would decrease.
• C) The price of servants would increase and the quantity of servants would decrease.
• D) The price of servants would decrease and the quantity of servants would increase.

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Definitions:

Personal Insolvency

A financial condition where an individual is unable to meet their debt obligations as they come due.