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