It is a true statement.
Step-by-step explanation:
The serfdom was in practice in Russia since the middle of the seventeenth century. Serfdom explains the status of many Russian peasants under feudalism. The major benefit of the Atlantic revolution is the white men of the middling classes were propertied.
The slavery system was completely abolished in the Atlantic world during nineteenth century. Even the serfdom practice came to an end in the Russia due to the fear of rebellion, economic inefficiency and moral concerns.