Eric Williams contends that plantation slavery in the West Indies (note, slavery is a type of command economy) helped bring about the development of a market economy in England. Remember, prior to plantation slavery in the Caribbean, most people in England lived as farmers, who were basically independent of the market.

Although Williams develops several arguments surrounding this, for this assignment, name two and carefully explain how slavery helped foster a transition to the market solving the economic problemin England. In other words, how did slavery in the Caribbean: help create more wage labor in England, or more commodities for sale, or more monetary incomes, or other things necessary for the market to solve the economic problem.

2. Hunt writes about some of the tensions in mercantile thought/society during this era, especially regarding the practice of making profits and the role of the state. How did England 'rectify' if you will the driving quest for profits behind the mercantile era in the face of long standing 'historical' (e.g., Roman Catholic) condemnation of such activity?