Download African Americans in the U.S. Economy by Cecilia A. Conrad, John Whitehead, Patrick L. Mason, James PDF

By Cecilia A. Conrad, John Whitehead, Patrick L. Mason, James Stewart

ISBN-10: 0742543773

ISBN-13: 9780742543775

The forty-three chapters in African american citizens within the U.S. economic system concentrate on quite a few features of the commercial prestige of African americans, previous and current. Taken jointly, those essays current comparable issues: first, in terms of economics, race concerns; moment, racial fiscal discrimination and inequality persist regardless of the confident predictions of normal fiscal research that racial discrimination can't thrive in a free-market economic climate.

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The center’s report maintains that 27 “the greatest costs associated with undernutrition among children are the more intangible . . opportunity costs—the costs of lost opportunity in which productivity with financial benefits would otherwise occur” (7). These opportunity costs are quite large because, as described by Robert Waterland and Cutberto Garza (1999), childhood malnutrition has lifelong consequences through its effects on the body’s metabolism. These effects create increased morbidity and mortality risk associated with obesity, cardiovascular disease, high blood pressure, and diabetes.

This chapter examines the critical role played by enslaved blacks in generating pre–Civil War regional and national economic growth. The starting point is the exploration of the impact of the Atlantic slave trade and the expansion of plantation slavery on the economic development and performance of colonies in what is now the United States. S. national and other Western economies. This system generated substantial profits through the exploitation of black labor that fueled Southern and national economic growth.

Some Africans were clearly implicated in the trade in slaves, serving as merchants of the trade on the African coast or as raiders who procured slaves by capturing others in the interior of the continent. But the demand that prompted the emergence of a complex supply network came from the mercantilist-inspired vision of the needs of colonial development in the Americas. Moreover, all Africans were confronted with a prisoner’s dilemma after the trade got underway: either play a role in the network of slavers or be confronted with the much-greater risk of being enslaved oneself.

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