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sold the slaves for gold.

gold? what year are you referring to?

the owner of the slave would force them to work for nothin they would not pay them and give them minimal food or drink, saving them selves money, e.g if they were a farmer they would force the slave to farm then the owner would sell the crop and keep all profit for himself, often they would sell the slave to some one richer and buy a cheaper one, slaves meant nothin to the owner they were just an object.

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Q: How did people get rich off the slave trade?
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Did people get rich off slaves?

Rich people owned slaves. But the question is "Did people get rich off slaves?" Can you think of any nation that has slavery that isn't poor? If owning slaves make a nation rich, then the slave owning nations of the world today should be the richest nations but instead they are the poorest. Answer "did some people get rich off slaves". Slavery came in many forms, and even today, there are still many forms of slavery (i.e., women sex slaves, children sex slaves, indentured slaves, etc.). If the question is asking if slave owners got rich off of African slaves", the answer is clearly a resounding yes. Slaveholders used the slaves to farm the land, cook, clean, etc.; such slaveholders sold the "fruit" of the land and received quite a bit of money for it. The slaves, by definition, did not get any of the money from their labor. The upkeep of the slaves was very minimal, particularly in comparison to the profit obtained from their labor. There were also a tremendous financial benefit from selling slaves. Then there were the actual slave traders - who found a great deal of profit in selling human beings. Some would say America is so great, i.e., rich because of profits received from and the hard-work of the African American slave (e.g., railroads, a thriving agricultural supplier, other areas of industry, etc.. The simple answer is yes.


What is a trade-off?

A trade-off is an alternative that we sacrifice when we make a decision.


Why didn't Eli Whitney get rich off the cotton grin?

people stole his ideas and he tried to sue them but always lost


When two people agree to make a trade based on the belief that each will be better off this is called?

Involuntary exchange. Or a business transaction.


Example of economic trade-off?

An example of an economic trade-off would be a weighing the cost of fixing old equipment against the cost of buying new equipment. A trade-off is a comparison of the cost of one thing against the cost of another.

Related questions

What was one result of the democratic slave trade?

There was no “democratic “ slave trade. The slave trade had nothing to do with democracy and was the result of men who wanted to make money off of the enslaved.


Who were the major players the Atlantic Slave Trade?

Slaves brought in profit to the traders who sold them off in auctions and also the people who owned them


Slave trade punishment?

If a slave committed a serious crime, they could have their nose slit, ears cut off, and whipped.If a slave tried to runaway but failed their limbs were cut off.


How did the slave trade effect africa-?

The slave trade had severe and long-lasting effects on Africa, leading to depopulation, disrupted societies, loss of cultural knowledge, and economic devastation. It also fueled inter-ethnic conflicts and weakened African kingdoms and societies, leaving a legacy of mistrust and division that still affects the continent today.


How were the British banks involved in the slave trade?

British banks such as Barclays and lloyds made mega money off the slave trade by loaning out funds for ships, wages and food/water


How did the people from South Africa get to Haiti?

It was a terrible thing called the slave trade. Africans were stolen from their families by other Africans, who then marched them to the cost and sold them to European slave traders. The Europeans loaded the slaves on to ships and sent them off to the New World.


How did slave trade benefit europeans?

It's pretty simple. The Europeans just gained wealth off the free labor.


How did the slave trade benefit Europeans?

It's pretty simple. The Europeans just gained wealth off the free labor.


What were the Northern and Southern positions in the Constitutional Convention on outlawing slave trade?

this is off my book so... northerners agreed that congress could not outlaw the slave trade for at least 20 years. after that, congress could regulate the slave trade if it wished. northerners also agreed that no state could stop a fugitive slave from being returned to and owner who claimed that slave.


How did slave traders acution off slaves?

how did slave traders acution off slave


Is global trade fair?

no because the rich countries pay little money off the poor countries for their products!


How did slaves the slave trade benefit europeans?

It's pretty simple. The Europeans just gained wealth off the free labor.