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Finally, African slaves were expensive. Slave traders went from Africa to SOUTH USA and the Caribbean, then to North America. Thus, middlemen were involved that drove the price tag on slaves up to nearly twice the price tag on indentured servants. Additionally, slaves generally didn’t endure very long (in fact, very few people survived more than couple of years in the brand new World before dying or returning to Europe). So high costs and high mortality rates made the investment in slaves unfavorable to landowners.
Thus, indentured servitude was the original system of labor in the colonies. Nonetheless it wouldn’t last for very long. By the 1660s, indentured servants got come to handle the harsh reality of the New World. Most passed away before their term of service was up, receiving the land for which they had hoped never. As more and more white, single males signed up for indentured servitude, the population of the colonies increased.
This resulted in a land crunch, because by this time around the Native Americans were growing a bit tired of “selling” their land. Additionally, everyone was growing tobacco. What goes on when everyone is selling the same thing on the market? The costs drop. Decreasing prices supposed less profits, and less earnings meant a decrease in a landowner’s ability to buy more land and servants.
- Knowledge Regarding Annuities and Secondary IRA Distribution Woefully Inadequate
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- Rules are free (you can down load them here from the Geek’s entrance!)
- Earnings getting revised downwards, or more misses in income reports
- 8 years back from Wales
Finally, a lot of the indentured servants coming were white over, single males. There were very few females who made the trip, and fewer who were one even. Even then, the colonies had a 4-to-1 ratio of males to females. So not only was there no land no work (as have been promised), there weren’t even any ladies to the courtroom! This meant there were very few households, resulting in further instability within the colonies. All these factors, put together, meant there is an increasing distance between those who possessed land (the wealthy) and those who worked well but didn’t own the land (the poor).
The door started to resent the upper class landowners, who were controlling the colonial government authorities because of their own advantage also. About this time, two other factors came into play. First, the price of slaves dramatically dropped. Second, mortality rates had declined. Populations were now accustomed to the environment of the brand new World and, while the disease was still present, most were living out their conditions of servitude and becoming free men. Free men who desired land, earnings, and women.
By the 1670s, slavery was more advantageous. Slaves could be imported for relatively cheap prices. Plus, a slave was a slave forever unless his/her master granted freedom (which was rare). There is no requirement to give a slave land or money to begin his own life: he was yours.