2min chapter

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S6 Ep2: Slavery and the industrial revolution

VoxTalks Economics

CHAPTER

Are the Profits From the Slave Trade and Slavery Related?

The slave trade doesn't directly map into industrial investment, but it's an important stepping stone in the slave economy. The standard career often over several generations is for people to get into the slave trade and then transition into slave holding. In this paper, you have investigated the impact of slave holding instead. And together they were large compared with domestic investments in Britain which ran in around 7% at that time.

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