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DEFINE THE FOLLOWING:1. SLAVES2. SERFS3. INDENTURED LABOUR

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DEFINE THE FOLLOWING:1. SLAVES2. SERFS3. INDENTURED LABOUR

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  1. Slaves: Slavery is a system in which individuals, known as slaves, are treated as property and bought, sold, and owned by other individuals, known as slave owners. Slaves are forced to work without consent and without any rights or freedom. This system has been practiced in many societies throughout history, but is now universally condemned as a gross violation of human rights.

  2. Serfs: Serfdom is a legal and economic system in which peasants are tied to a particular piece of land and to a lord who owns that land. Unlike slaves, serfs are not bought and sold as property, but they are bound to the land and are required to provide labor, goods, or services to the lord in exchange for the right to live on and use the land. Serfdom was common in medieval Europe and in Russia until the mid-19th century.

  3. Indentured Labour: Indentured labor is a system in which a person, known as an indentured servant, signs a contract, or "indenture," agreeing to work for a specific period of time for a person or company in exchange for something, usually passage to a new country or training in a trade. Unlike slaves or serfs, indentured servants are not considered property and they retain some rights. However, they are bound by the terms of their indenture and can face severe penalties if they fail to fulfill their contractual obligations. This system was common in the American colonies and in other parts of the world during the 17th and 18th centuries.

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