Indenture Contract

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Indenture contract signed with an X by Henry Meyer in 1737 Indentured servitude was a labor system whereby young people paid for their passage to the New World by working for an employer for a certain number of years. It was widely employed in the 18th century in the British colonies in North America and elsewhere. It was especially used as a way for poor youth in Britain and the German states to get passage to the American colonies. They would work for a fixed number of years, then be free to work on their own. The employer purchased the indenture from the sea captain who brought the youths over; he did so because he needed labour. Some worked as farmers or helpers for farm wives, some were apprenticed to craftsmen. Both sides were legally…show more content…
Immigrants born in India outdo others in achieving economic success in the Untied States. At the same time, Pakistan-born immigrants, while trailing behind Indians, do better than the native-born Americans. While both immigrant groups originate in South Asia, huge disparities in their economic success exist in the US that needs further exploration. The estimates reported in the 2010 American Community Survey revealed that the median salaried household income of India-born immigrants was around $94,700. In comparison, the median household income of native-born Americans was estimated at $51,750. Unlike the Pakistan-born immigrants in Canada, who lagged behind others in economic prosperity, Pakistanis in America are relatively thriving where the median household income of Pakistan-born immigrants is 18% higher than that of the native-born Americans. The American Community Survey for 2010 (latest data available from the US Census Bureau) reveal that amongst South Asians living in the US, India-born immigrants are far ahead of Pakistanis, Bangladeshis, and Afghanis. Even when compared with immigrants from Egypt, a country known for supplying highly educated immigrants to the US, Indians report exceptionally higher indicators of economic

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