Using the labor of enslaved people had a significant economic impact on the new settlement. It allowed settlers to cultivate and exploit large areas of land for agriculture, which in turn led to increased production and economic development. These enslaved people were forced to work without pay, providing a cheap and abundant labor force. This allowed the settlement to grow and prosper economically, leading to the accumulation of wealth for the settlers and the establishment of a prosperous economy based on agriculture and trade.
