<span>The prevalence of industrial thinking encouraged slavery to develop in the South.the South found it difficult to develop a manufacturing industry instead, it depended on imports from the North And according to Eric Williams, although slavery stifled Caribbean economic growth, it encouraged global commodity circulation a major precondition for the British industrialization.</span>
Explanation:
Inequality is an injustice. It slows efforts to eradicate poverty. Inequality slows overall growth. ... Extreme economic inequality creates tension between the 'haves' and the 'have nots' (or the 'have nots' and society in general) resulting in conflict, resentment and crimes like theft and mugging, which can be violent.
They actually played a pretty important role in early civilizations. For one, building a major urban civilization takes a lot of work. Slaves could be used for building projects to enlarge the city and its defenses, for agricultural labor to ensure that the people of the city could eat, or as domestic assistants to kings, lords, and shop-owners.