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The middle colonies based their economy on the planting of wheat, and trade. A lot of areas were great for ports. Meaning, that the middle colonies conducted trade between the New England and Southern Colonies. Also, the areas in the middle colonies were used in trade with European nations. Wheat also soon became a very profitable item as well.
Merchants were drawn to the middle colonies because there was a lot of trade going on there. The farming and natural resources played a big part in why the economy was successful.
Mainly Agriculture, Manufacturing and some trade.
The middle colonies had the best balance of trade with england.
The New England Colonies were cold, rocky, and had tons of trees. They couldn't farm for profit so they built ships, and whaled. The Southern Colonies were warm with rich soil and so they were able to base their economy on agriculture. Since the Middle colonies were ,well, in the middle they were a great place for trade!
The New England Colonies were cold, rocky, and had tons of trees. They couldn't farm for profit so they built ships, and whaled. The Southern Colonies were warm with rich soil and so they were able to base their economy on agriculture. Since the Middle colonies were ,well, in the middle they were a great place for trade!
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Middle Colonies
middle colonies