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.

There economy boomed because more people were able to buy goods.
There economy boomed because more people were able to buy goods.

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.

The economy grew because Texas was able to plant and harvest more cotton for free.

The correct response is: The economy grew because Texas was able to plant and harvest more cotton for free.

The correct answer is: The economy grew because Texas was able to plant and harvest more cotton for free.

The use of enslaved people as labor in the new settlement had a significant economic impact. By utilizing the labor of enslaved people, Texas was able to increase their production of cotton without incurring costs for wages. This resulted in a substantial boost to the economy as more cotton could be planted and harvested, ultimately leading to increased exports and profits.

To arrive at this answer, it is important to understand the historical context of the new settlement. During this time, slavery was a prevalent practice, particularly in the southern regions of the United States, including Texas. Enslaved people were forced to work in various industries, including agriculture, such as cotton farming.

By grasping the concept of slavery as an economic system, one can understand that the use of enslaved labor in the production of cotton would lead to an economic advantage for the new settlement. The ability to plant and harvest more cotton without having to pay wages to the workers would result in increased productivity and profits, thus fostering economic growth.