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What was the basis of the northern economy in the American colonies?
The northern American colonies had a diverse economy. Textile mills began to establish themselves as keys to the New England colonies. This also drifted down to New York and New Jersey as well. The fishery industry was a basic part of the northern colonies as well. Included in the northern colonies were handcrafted products such a items made with leather, gold and silver. The Boston and New York City harbors were excellent for trade as was the harbor in Philadelphia. Small scale farming was also part of the northern colony economy. In addition, shipbuilding became a prosperous business.
What did the middle colonies base their economy on?
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.
Did the economy of the American colonies depend on three different rectangular trade routes?
no
Did the pacific slave trade become a key part of the colonial economy?
yes it did....but only for certain colonies
What is the economy in the souther colonies?
it was relying on the indian slave trade and plantations like rice and tobacco and indigo and cotton.
How did the colonies affect trade?
how did the triangular trade affect the colonies
How did trade affect the economy of the New England colonies?
Trade affected the economy of the New England colonies in a number of ways including allowing them to live. Trade of fruits and vegetables allowed all areas to get the food they needed to eat well-balanced meals.
What was the basis of the northern economy in the American colonies?
The northern American colonies had a diverse economy. Textile mills began to establish themselves as keys to the New England colonies. This also drifted down to New York and New Jersey as well. The fishery industry was a basic part of the northern colonies as well. Included in the northern colonies were handcrafted products such a items made with leather, gold and silver. The Boston and New York City harbors were excellent for trade as was the harbor in Philadelphia. Small scale farming was also part of the northern colony economy. In addition, shipbuilding became a prosperous business.
Did The economy of the American colonies depended on three rectangular trade routes?
no
What was the economy like for the english colonies in the north?
England's economy, like that of most European powers, depended on trade
What was the economy like for the english colonies in the north-?
England's economy, like that of most European powers, depended on trade.
What did the middle colonies base their economy on?
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.
By 1760 what was the biggest problem with the economy of the English colonies?
A huge balance-of-trade deficit that threatened the solvency of the colonial economy
In the early 1700s the colonies had a prosperous trade economy due to?
the policy of Salutary Neglect
The early 1700s the colonies had a prosperous trade economy due to?
the policy of Salutary Neglect
Did the economy of the American colonies depend on three different rectangular trade routes?
no
How might being landlocked affect the economy?
they wouldn't have supplies to trade.
