Before the Spread of Slavery,labor in the Tobacco-Growing Chesapeake Depended

question 24

Multiple Choice

Before the spread of slavery,labor in the tobacco-growing Chesapeake depended heavily on

• A)religious immigrant family units.
• B)Indian slaves.
• C)involuntary migrants.
• D)English farm laborers and landless artisans.

---

Definitions:

Market Demand

Market demand is the total quantity of a good or service that all consumers are willing to purchase at various prices within a specific time period.

Economic Profits

Earnings that exceed the total costs of production, including both explicit and implicit costs, indicating an above-normal return on investment.

Demand Curve

A visual representation that maps out the correlation between the price level of a good and how much of it consumers are willing to purchase.

Collusion

A secret or illegal cooperation or conspiracy, especially between businesses to limit competition and raise prices.