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?© BrainMass Inc. brainmass.com October 9, 2019, 11:24 pm ad1c9bdddf
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 ...
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?