Why Did Slave Owners in the Chesapeake Increasingly Put Their

question 5

Multiple Choice

Why did slave owners in the Chesapeake increasingly put their slaves to work in crafts like barrel making and yarn spinning?

• A) because the slave population of the region was shrinking
• B) because the acquisition of work skills increased a slave's value
• C) because there was enormous demand for such products in Europe
• D) because tobacco was no longer as viable a crop

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Definitions:

Secured Perfected Creditor

A creditor who has taken the necessary legal steps to ensure their claim against a debtor's collateral is enforceable against other creditors.

After-Acquired Property

Property or assets that a debtor obtains after signing a contract that pledges all of the debtor's current and future assets as collateral for a loan.

Financing Statement

A document filed to give public notice to secured creditors about a debtor’s assets used as collateral, typically in connection with securing a loan.

Repossession

The process by which a creditor takes back property from the debtor when the debtor does not make payments due on the property.