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New Jersey colony economy

Updated: 11/4/2022
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9y ago

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The economy of the New Jersey Colony revolved around crop production, livestock, lumber, and furs as well as iron ore. The colony grew so much wheat it became known as the breadbasket colony. The people there also made a lot of products out of iron ore, like nails, tools, and plows, and exported a lot of these products.

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The economy of the North Carolina Colony was built on agriculture. Huge plantations grew massive amounts of cotton and tobacco as well as other crops. Livestock was also a profitable business in North Carolina.

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