From the early 1600s to the early 1700s, indentured servants comprised the majority of labor on the plantations and farms of the colonies. Without the use of indentured servants, the colonial economy would have crashed, as there would have been no labor to work on the vast plantations. Until African slaves became a more cost-efficient option for colonial landowners, the use of indentured servants was a very much viable alternative...
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The main reason for this would be the price. At first, the price to bring in these African slaves would be very high, much too much for smaller landowners and even wealthy planters. However, as the 1700s came along, the major source of labor in the colonies would shift to these slaves. At this time, the amount of indentured servants available would greatly decrease, and the cost of the African slaves would also fall, as the British companies had lost their monopoly on the African slave trade...
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