An example is The Fugitive Slave Act. Answer B
Answer:
- Many Farmers sold their Land and Farming equipment ( B )
- Many Farmers borrowed money against the profits of future crops ( D )
Explanation:
These farming practices were very bad practices that lead to economic downturns because it resulted mostly to drastic reduction of agricultural produce and availability of food in the open market which might lead to importation of food that would have been produced locally and add to the country's GDP.
Farmers selling off their Land and Farming equipment is not a good farming practice because it means that the farmer is no longer into farming leading to decrease in potential agricultural produce in the market.
Farmers borrowing money against the profits of his future crops is a very bad farming practice because the profits were supposed to be used to invest into the farm and not to service loans.
Changes through rapid population growth, advancement in transportation, and factory system led to the industrial revolution which was the transition to new manufacturing processes in Europe and the US during the 18th and 19th Centuries. In this period agricultural societies transformed from agrarian and handicraft economies to industrialized societies dominated by machines and industry growth where the transcontinental railroads, cotton gin, electricity, and other inventions completely changed the lives of people.
Answer:
first as a mixture of indentured slavery, African chattel slavery, and native American slavery for economic gain in the Southern colonies.
Explanation:
The Southern colonies, including in the West Indies, had mainly focused on the production of cash crops and plantation agriculture. However, this took a lot of labor, including in dangerous working environments. Indentured servants, often times immigrants from Ireland, were a risky investment, and often died. New diseases from the old world killed off much of the native American population, not to mention they knew the land and had places to escape from slavery to. African chattel slavery had two main benefits: 1) they came from Africa in large quantities (with much immunity due to the longer history of European interaction) and typically had no where to go, making them available, and 2) their children were also born into slavery, meaning there were essentially, in the eyes of masters, and endless "supply" of slaves. Even after new slave importation from Africa was banned, the children of slaves remained and continued on. This economic benefit that slaves carried continued far after the American Revolution in the south, especially after the creation of the cotton gin during the market revolution, as well as western expansion, that made slavery even more practical than it had previously been.
