True or False? Modern capitalism is arguably the very product of the free labor of African people in colonies which produces pure profit for Europeans and the U.S.?
Answer (2)
The statement regarding modern capitalism being a product of African labor is true, as colonial exploitation significantly contributed to economic wealth in Europe and the U.S. The labor of enslaved Africans fueled the development of capitalist economies and generated immense profits. This historical context reveals the impact of colonialism on contemporary socio-economic structures. ;
The statement is true as modern capitalism significantly benefited from the exploitation of African labor during colonialism. Enslaved Africans contributed to the economic wealth of Europe and the U.S. through their work on plantations and in mines, leading to an enduring impact on capitalist economies. This historical context reveals how colonial exploitation continues to influence socio-economic structures today.
;
