Do Now - Capitalism and Slavery

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

• Marxism

• Industrialism

• Feudalism

• Capitalism

Chattel Slavery

• an individual who is under contract to work without a salary in order to pay for freedom

• one person has total ownership of another and makes them work against their will no chance of freedom

• a person who is held captive by a dominant power during or immediately after an armed conflict and is forced to work against their will.

• a person who is not a slave or in bondage.

Which of the following describes the benefits of specialization in a free market?

• Specialization leads to higher prices.

• Specialization leads to lower overall output.

• 
  Specialization leads to decreased competition among producers.

• Specialization leads to efficient use of capital, land, and labor.

connected with the sea, especially in relation to seafaring commercial or military activity.

• Maritime

• Wartime

• Seafare

• Marine Activity

Plantation System

• living organism of the kind exemplified by trees, shrubs, herbs, grasses, ferns, and mosses, typically growing in a permanent site

• exploited slaves, or enslaved people, to produce crops and perform domestic duties that were financially advantageous to plantation owners.

• place where electrical power is generated for distribution.

• A plant that grows crops to sell to the public at a higher price than what it took to plant and make them.

one who proposes or favors an idea, doctrine, or course of action

• Component

• Proponent

• Opponent

• A Lame