4. "A necessary precondition of employing market processes to solve the economic problem involves a general (inter)dependence of members of society on market activity for a means of livelihood." A. Explain this statement and how the command institution of Caribbean slavery facilitated the transition of England from a traditional (feudal) economy to more of a market economy (e.g., where the market solves more the economic problem) during the mercantile and early modern era (be specific and use examples). In other words, how did slavery in the Caribbean help expand the scope and scale of market activity in England? B. Carefully evaluate this argument. What are the merits of it and what might be some problems? In other words, do you 'buy' this argument? Why or why not?