Answer:
African descent
Explanation:
European descent in the late 1600s believed the Africans as inferior based on their race and colour. Europe saw them as fit to do manual work for Europeans. African descent was physically different from Europeans. Africans had a strong body structure which allowed them to work in fields for long hours.
The beginning of the plantation in America changed the structure of the trade and expansion. The Sugar plantation changed colonial societies as the economy based on slaves came into existence. Slavery increased overall elasticity in labour. It was also more productive and made labour a capital asset.
The insecurity some felt about their social status when slaves were put in the lowest class and were forced to work as labour. They were considered as the property of their masters.
Northern places like Canada were colonized by France. The mid part was at first colonized by the Dutch but then the colonies were taken by the British. The central American part, including South America and the Carribean was mostly controlled by the Spanish. Portugal had control of Brazil while Russians started slowly moving towards Alaska but couldn't establish colonies until the 18th century.
Lol I wouldn’t even dare try to make that
The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
A text that fits this criteria would be a "secondary source" since it is compiled by primary sources (which are used as direct evidence). Although certain secondary sources are reliable in other ways.
