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Brief history of colonial economic history?

Updated: 8/17/2019
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13y ago

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Originally the colonies did not have much of economy, besides small family farms and fishing, this was true everywhere until Jamestown came around. Jamestown was the birthplace of America's first cash crop, tobacco. Eventually this would become the major agricultural product. As Britain became a larger power in Europe, it demanded a larger merchant fleet and navy. Since there was ample supply of timber, later in colonial America's history shipbuilding became a major export.

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