As the state of the economy and the issues surrounding gaps in income inequality continue to absorb the national spotlight, some may wonder what exactly any of the numbers that are thrown around in the media actually say about, well, anything. What does it mean when the unemployment rate drops? Does that mean people are finding jobs and the economy is improving? What do any of the numbers surrounding unemployment really say about the state of the economy?
Recently you may have heard that the unemployment rate has dropped. While that is true, it does not necessarily indicate a positive occurrence. According the jobs report of December, 74,000 jobs have been added to the economy, and the jobless rate is down to 6.7%. Adding jobs and seeing a decrease in the jobless rate, both sound like really good things on the surface. Upon further examination of what exactly these numbers mean, the poor state of employment across the country begins to reveal itself.
As the value of tobacco increased, the change in the demand for slave labor that was seen was that the demand increased.
<h3>Why did the demand for slave labor increase?</h3><h3 />
As the price of cash crops like cotton and tobacco increased, there was more need for laborers in the field to work at a cheap rate. As a result, the demand for slave labor rose dramatically which led to a significant portion of the population in the South being enslaved people.
Tobacco was such a profitable product but it needed a large number of labor to be able to properly profit. As the demand from England and other European countries grew, more enslaved people were captured and brought to the Americas where they worked in plantations all over from the British colonies to the Caribbean.
In conclusion, the increase in demand for tobacco led to an increase in enslaved labor.
Find out more on the influences on the demand for slave labor at brainly.com/question/3152651
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Farming, making a living, slavery, religion, i don't know if this is exactly what you're looking for but heres a rough idea.
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