Which of the following statements best assesses the relationship between chattel slavery and the Industrial Revolution?(1 point)
1 Chattel slavery was quickly replaced by European wage laborers as the price of consumer goods began to decrease.
2 Chattel slavery slowed the development of the Industrial Revolution among nations that relied on it in their colonies.
3 Chattel slavery allowed for the production of cheap raw materials, which were used to create manufactured goods during the Industrial Revolution.
4 Chattel slavery had no impact on the development of the Industrial Revolution.
The statement that best assesses the relationship between chattel slavery and the Industrial Revolution is:
3 Chattel slavery allowed for the production of cheap raw materials, which were used to create manufactured goods during the Industrial Revolution.