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Who made money out of slavery?

Updated: 9/27/2023
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13y ago

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The slave traders who sold slaves to slave owners.

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13y ago
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Q: Who made money out of slavery?
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Related questions

Did the south's economy depend on slavery?

Yes, that was how they made all their money.


Why did Europeans adopt African slavery in the late fifteenth century?

because it made them lots of money, and made them feel superior


Why was slavery needed?

Slavery was not a necessity; rather, it was perpetuated for economic gain and the desire for power and control over others. It was used to exploit labor and generate wealth for slave owners, but it was not a justified or humane practice.


What made slavery profitable in the South?

because the slave owners would make alot of money from farming


How did the colonies make themselves richer and more powerful?

Slavery was instituted by the colonies that made them richer. This made hard, cheap labor which saved (and made) them money.


What was Accommodation made to and for slavery?

resistance and accommodation made for the slavery


Why did the South think it would lose a lot of money if slavery was made illegal?

the slaves had to work in the cotton fields


What keep children in labor slavery today?

Where there is money to be made , there will always people unscrupulous enough to take advantage of it.


How is Eli Whitney this relevant to slavery?

Eli Whitney, (who lived in Conn.), invented the cotton gin. The cotton gin removed seeds from cotton. This made cotton worth more money. More slaves were needed to plant, grow, and pick cotton. He made cotton slavery worth more money.


Why was slavery just another business?

Because the white men who owned land made good money off their slaves because they had all the money so they did not spend much money on their slaves.


What is slavery a result of?

slavery is a result of greediness among mankind. they want these to be made in bulk & in a limited amount of time. the more products made, the more are sold, bringing in large amounts of money. therefore, they force people to do this strenuous work.


Who sold the slaves into slavery?

In west Africa and other areas blacks were sold into slavery by their own people for committing crimes or they had been war criminals and the society they were in sold them into slavery so they would not have to house them in prison and made money to boot by selling them.