Economists have frequently hypothesized that industrialization and its correlates played a major role in inducing fertility decline in the United States after 1850. ... This leaves changes in the cost of raising children as the likely driver of the industrialization result.
About as much as 60% of the indentured servants would die before being able to complete their contracts (which was often of 5 years). Although at first, some men were still able to claim some land after the years of work, in the 1660s, most of the good land was already claimed by large land owners. After Bacon's Rebellion in 1676, planters decided to stick with slavery instead of using the system that allowed them to abuse workers and become rich (by using a system that abused a person during that person's whole lifespan).
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Military dictatorship
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One response to the depression was military dictatorship--a response that could be found in Argentina and in many countries in Central America. Western industrialized countries cut back sharply on the purchase of raw materials and other commodities.