Despite Unimaginable Hardships, Slaves Were Able to Maintain a Sense

question 86

Essay

Despite unimaginable hardships, slaves were able to maintain a sense of identity and a determination to attain freedom. Describe how slave culture aided those endeavors and drove slaves' desire for freedom. Be sure to consider African heritage and slave family life, folklore, and religious life in your response.

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Definitions:

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, which can be loaned out to generate earnings.

Open Market Operations

A monetary policy tool used by central banks to control the money supply by buying or selling government securities in the open market.

Reserve Requirement Ratio

The fraction of deposits which a bank is mandated to hold in reserve, either in its own vaults or with the central bank, rather than lending to consumers.

Checkable Deposits

Bank accounts that allow the account holder to write checks or use debit cards to make payments directly from the account.