The scholar Thomas Craemer calculated a second compensation estimate for the hours worked by enslaved black men, women, and children from 1776 (the Declaration of Independence) to 1865 (the official end to slavery) for all 24 hours of the day to be $500,000 billion in current dollars.

Question

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Thomas Craemer's calculations for the labor performed by enslaved people from 1776 to 1865, considering a 24-hour workday, estimated the compensation at approximately $14 trillion in current dollars, not $500,000 billion.

The Scholar Thomas Craemer Calculated a Second Compensation Estimate for the Hours