Sharecropping and the Continuing Impact of Slavery

Question 1

Sharecropping

Answer 1

Agricultural production arrangement where a tenant uses a landowner’s land in return for a share of the crops produced

Question 2

Insurance

Answer 2

Contract which transfers the risk of loss from one party to another in exchange for a payment, typically called a premium

Question 3

Fixed Rent Contract

Answer 3

Agreement where agricultural land is rented for a set cash fee; proceeds from the production of land belong to the tenant

Question 4

Fixed Wage Contract

Answer 4

Agreement where an agricultural worker is paid a fixed wage for hours worked; proceeds from the production of the land belong to the landowner

Question 5

Shirking

Answer 5

The conscious decision to work in a less productive manner than stipulated in a contract

Question 6

13th Amendment

Answer 6

Slavery abolished except in the case of punishment of a crime, extending slavery by another name

Question 7

Human Capital

Answer 7

The stock of knowledge, personality attributes, that allow a person to perform labor and produce economic value

Question 8

Persistence

Answer 8

The continuing impact of a institution or change (shock) from the past, occurring through channels beyond the initial change

Question 9

Convict Leasing

Answer 9

lease convicts to private industry, peaked about 1880, lasted until 1928 (alabama)

Question 10

Black Codes

Answer 10

restrictive laws designed to limit the freedom of African Americans and ensure their availability as a cheap labor force after slavery was abolished during the Civil War

Question 11

Peonage

Answer 11

Employer compels a worker to pay off debt with work