Which of the following statements best assesses the relationship between chattel slavery and the Industrial Revolution?(1 point)

Question

Responses

Chattel slavery had no impact on the development of the Industrial Revolution.
Chattel slavery had no impact on the development of the Industrial Revolution.

Chattel slavery slowed the development of the Industrial Revolution among nations that relied on it in their colonies.
Chattel slavery slowed the development of the Industrial Revolution among nations that relied on it in their colonies.

Chattel slavery allowed for the production of cheap raw materials, which were used to create manufactured goods during the Industrial Revolution.
Chattel slavery allowed for the production of cheap raw materials, which were used to create manufactured goods during the Industrial Revolution.

Chattel slavery was quickly replaced by European wage laborers as the price of consumer goods began to decrease.

Answer 1

The statement that best assesses the relationship between chattel slavery and the Industrial Revolution is:

Chattel slavery allowed for the production of cheap raw materials, which were used to create manufactured goods during the Industrial Revolution.

This statement recognizes how the labor system of chattel slavery provided the economic foundation for the mass production of raw materials, such as cotton and sugar, which were essential to the industrial manufacturing processes in Europe and the development of industries during the Industrial Revolution.