Monday, December 23, 2019

Colonial Wars And The American Economy During The Civil...

Southern colonies required staple crops to rapidly develop economically, as a transition occurred in the labor force it became cheaper to produce staple crops to exports to Britain’s growing demand. The three major staples of rice, indigo, and cotton helped develop the Sothern colonies economy. Colonial wars and British industrialization played a big role in boosting the southern economy, however the South’s dependency of plantation agriculture economically ruined the Southern economy during the civil war through the lack of developing other industries. A key development for the south to rapidly develop their economy was the shift in the labour force from indentured white European servants to black African slaves. In 1609 the Virginia Company used their own resources to pay for European servants to migrate to America and become part of the labor force. The demand for labor rose sharply during the tobacco boom of 1619 . As a consequence of the tobacco boom the Virginia indenture system was created. English skilled migrants were transported at the Virginia Company’s expense from England to Virginia were bound to work a fixed terms of years, were sold outright for the duration of those terms to planters when the servants arrived in the colony . These contracts typically sold for  £10 to  £11 in the eighteenth century, nearly double the cost of passage . Indentured servants, thus bound, performed any work their employers demanded in exchange for room, board, and certain â€Å"freedomShow MoreRelatedSlavery Was A Part Of Ma ny Societies And Nations Around The World1401 Words   |  6 Pagesthe United States was established. However, the United States continued the practice until the Civil War in the mid-1800s. Before the Civil War, slavery and descendants of slaves were much of the backbone and strength of the society and economy of the United States. 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