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Questions and Answers
What did the cotton boom fuel in slavery?
What did the cotton boom fuel in slavery?
- Speculation (correct)
- International trade agreements
- Underground railroads
- Abolitionist movements
What did enslavers use to purchase more enslaved laborers?
What did enslavers use to purchase more enslaved laborers?
- Foreign investments
- Charity donations
- Government grants
- Potential profits leveraged into loans (correct)
What was the concern mentioned in the 1840 Louisiana Courier ad?
What was the concern mentioned in the 1840 Louisiana Courier ad?
- That the slaves would revolt
- That the price of slaves would drop
- That the property may be already mortgaged (correct)
- That enslaved people would escape
In which year was the Louisiana Courier ad published?
In which year was the Louisiana Courier ad published?
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Why did enslavers want to purchase more enslaved laborers?
Why did enslavers want to purchase more enslaved laborers?
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Study Notes
The Cotton Boom and Slavery
- The cotton boom led to speculation in slavery, causing enslavers to take out loans to purchase more enslaved laborers.
- Enslavers used potential profits from the cotton boom as collateral to secure these loans.
- By 1840, there was a warning in a Louisiana Courier ad about the difficulty of buying slaves from Mississippi or Alabama due to concerns that the slaves may already be mortgaged to banks in those states.
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