Fogel and Engerman (1974) are generally of the opinion that American slavery
(a) was antiquated, inefficient and was on the verge of existance.
(b) was thriving and profitable in the decades prior to the Civil War.
(c) provided conditions for a reasonably normal family life and standard of living for
the slaves with very little breakup of slave families or exploitation of slaves.
(d) was inferior to the wage-labor system in the South and would have likely been
replaced with time.
(b)
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A consumer has $40 that he wants to spend. He is faced with four options: a camera that costs $60, a cell phone that costs $150, a book that costs $10, and a Bluetooth speaker that costs $45
Which of the following is a feasible option for the consumer? A) The book B) The camera C) The cell phone D) The Bluetooth speaker
Suppose that M = 300, P = 150, and Y = 6. Then the velocity of circulation equals
A) 0.02. B) 0.50. C) 2.00. D) 3.00.