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    Identify ways in which the economies of the colonies varied?

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    Identify two ways in which the economies of the colonies of New England, the mid-Atlantic, Chesapeake, and the lower South varied. And how do you account for these differences?

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    Solution Preview

    The basic differences in the economies of the colonial period were in production (rural versus industrial) and urbanization (which concentrated the wealth).

    The northern colonies:

    Diverse - industry, timber, fishing, small farms
    Little importation, more self-reliant
    Did send corn and wheat to England
    Port cities were economic hubs

    The middle colonies:

    Part agriculture, part industrial
    More liberal in religion, settled for religious freedom
    Paper, iron and textiles encouraged trade

    The southern colonies:

    Based on Agriculture, lacked diversity
    Plantations were larger, required slaves to work
    Cash crops for export (rice, indigo, tobacco) later cotton, but not until 1800s
    Primary trade with England, sent raw materials over, received finished products ...

    Solution Summary

    Identify two ways in which the economies of the colonies of New England, the mid-Atlantic, Chesapeake, and the lower South varied. And how do you account for these differences?

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