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    Economic Enfranchisement

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    Arif Mohamed
    The document summarizes economic enfranchisement that occurred with the movement of formerly enslaved people off of plantations after emancipation. Former slaves established free villages where they farmed a variety of crops for subsistence and trade both within and between Caribbean islands. Certain islands specialized in particular crops such as spices in Grenada, citrus in Dominica, and rice, bananas, and citrus in other islands. The region's economy diversified but still depended on external capital from companies like the United Fruit Company, simply replacing European investment with American. Some financial institutions emerged to serve the needs of peasants and small farmers.

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    Economic Enfranchisement

    Uploaded by

    Arif Mohamed
    1K views1 page
    The document summarizes economic enfranchisement that occurred with the movement of formerly enslaved people off of plantations after emancipation. Former slaves established free villages where they farmed a variety of crops for subsistence and trade both within and between Caribbean islands. Certain islands specialized in particular crops such as spices in Grenada, citrus in Dominica, and rice, bananas, and citrus in other islands. The region's economy diversified but still depended on external capital from companies like the United Fruit Company, simply replacing European investment with American. Some financial institutions emerged to serve the needs of peasants and small farmers.

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    The document summarizes economic enfranchisement that occurred with the movement of formerly enslaved people off of plantations after emancipation. Former slaves established free villages where they farmed a variety of crops for subsistence and trade both within and between Caribbean islands. Certain islands specialized in particular crops such as spices in Grenada, citrus in Dominica, and rice, bananas, and citrus in other islands. The region's economy diversified but still depended on external capital from companies like the United Fruit Company, simply replacing European investment with American. Some financial institutions emerged to serve the needs of peasants and small farmers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1K views1 page

    Economic Enfranchisement

    Uploaded by

    Arif Mohamed
    The document summarizes economic enfranchisement that occurred with the movement of formerly enslaved people off of plantations after emancipation. Former slaves established free villages where they farmed a variety of crops for subsistence and trade both within and between Caribbean islands. Certain islands specialized in particular crops such as spices in Grenada, citrus in Dominica, and rice, bananas, and citrus in other islands. The region's economy diversified but still depended on external capital from companies like the United Fruit Company, simply replacing European investment with American. Some financial institutions emerged to serve the needs of peasants and small farmers.

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    of 1

    Mrs. N Thomas Module 1 #2 e.

    iv Economic Enfranchisement

    Economic enfranchisement came with the movement of the ex-enslaved off the
    estates. Economic enfranchisement refers to the expansion of the economy from
    a plantation system to a diversified economy i.e. a movement away from the
    dependency on sugar. When slaves moved off the estates at emancipation they
    became independent proprietors establishing free villages in Guyana, Trinidad
    and Jamaica where, as the larger territories, more land was available for the
    freedmen to farm and live on.

    They produced a wide variety of crops firstly at the subsistent level (by which
    had already been supplementing their diets during enslavement as well as
    earning them coinage from sales in Sunday market). They then traded at the
    national and regional level as exports expanded between Antigua and Barbados.
    These exports were mainly ground provisions, spices and bananas. The peasants
    were also involved in fishing, livestock and charcoal production.

     Grenada - spices like anise and nutmeg – Spice Isle


     Dominica – citrus like limes
     Guyana - rice brought by the East Indians which was sold to the
    Caribbean during WW11
     Jamaica – bananas
     St. Lucia - bananas They both supplied the US United Fruit Company which
    saw the replacement of European investment with US
    investments in some territories. The presence of this US
    firm and US capital continued the dependency of the
    region on extraneous sources of money as capital. It
    was therefore simply replacing European sources, one
    metropole for a new other. This dependency still
    somewhat exists.

    Some saving facilities such as the Peoples’ Cooperatives in Jamaica emerged to


    serve the peasant class and some Post Offices allowed them to save, as well as
    Friendly Societies in St. Lucia offered welfare and savings for peasants and
    banana growers.

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