The rise of slavery in the New World was closely related to the demands of the capitalist market in Europe.

Question

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The growth of slavery in the New World was driven by the need for cheap labor to produce goods for the expanding capitalist market in Europe. The demand for sugar, coffee, cotton, and other crops led to the development of large-scale plantation agriculture that relied on enslaved labor. European merchants, financiers, and slave traders profited from the transatlantic slave trade, which brought millions of Africans to the Americas to work on plantations and in mines. The economic system of capitalism created the conditions for the rise of slavery in the New World.

The Rise of Slavery in the New World Was Closely