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erma4kov [3.2K]
3 years ago
8

How did slavery begin in Africa

History
1 answer:
Pie3 years ago
6 0
<h2>Generally, the slave trade was the business of rulers or wealthy and powerful merchants, concerned with their own selfish or narrow interests, rather than those of the continent.</h2>

Explanation:

Africa entered into a unique relationship with Europe that resulted in devastation and depopulation of Africa but contributed to the wealth and development of Europe.

Initially, Portuguese started to kidnap people from the west coast of Africa and were forcibly transported across the Atlantic.

Million of people did not survived the passage across the Atlantic, due to the inhuman conditions in which they were transported, and lacked in defeating violent on-board resistance.

Many people who were enslaved in the interior Africa also died on the long journey to the coast. This loss of population was a major factor causing economic underdevelopment.

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4. Which of the following is NOT a key function of the Federal Reserve system?
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Explanation:

The Federal Reserve simply means the United States Central bank. It was put in place by the Congress in order to provide a safer and more stable financial system.

The three main functions of the Federal Reserve include financial services, monetary policy, and banking supervision.

These functions above can be broken down into further functions such as conducting monetary policy, regulating bank activities, providing a system of check collection and clearing, guiding the macroeconomy, dealing with financial crisis etc.

It's not the function of the Federal Reserve system to print currencies. It's the Treasury Department's Bureau of Engraving and Printing that's in charge of the printing.

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