What economic impact did using the labor of enslaved people have on the new settlement?(1 point)
Responses
The economy struggled because there were too many people to feed.
The economy struggled because there were too many people to feed.
The economy grew because Texas was able to plant and harvest more cotton for free.
The economy grew because Texas was able to plant and harvest more cotton for free.
The economy was hurt because there was not enough land for everyone.
The economy was hurt because there was not enough land for everyone.
There economy boomed because more people were able to buy goods.
The correct answer is: The economy grew because Texas was able to plant and harvest more cotton for free.
To arrive at this answer, we need a basic understanding of the context. During the time period in question, Texas was a new settlement and the labor of enslaved people was utilized for various agricultural purposes, including cotton farming.
The economic impact of using the labor of enslaved people can be analyzed. By utilizing enslaved labor, Texas was able to produce and harvest larger quantities of cotton, a highly profitable crop. The use of free labor meant that slave owners did not have to spend money on wages, resulting in increased profits for the plantation owners.
The increased cotton production had a considerable impact on the economy. Cotton was in high demand both domestically and internationally, and Texas became one of the largest and most successful cotton producers in the United States. This led to increased trade and export opportunities, contributing to the overall growth of the economy.
In summary, the use of enslaved labor in Texas facilitated the growth of the economy by enabling increased cotton production, which in turn drove economic prosperity through trade and financial gains.