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What was true about the plantation economy in colonial times?
It was a plantation economy that existed in colonial times
The weakest element in the economy during the 1920s was?
Overproduction
What was the most important colonial export and how did it shape the economy of the colonies?
The most important colonial export was tobacco. It shaped the economy of the colonies by providing a profitable cash crop that fueled economic growth, trade, and the development of plantation agriculture. The demand for tobacco in Europe helped drive the expansion of the colonies and influenced their social and political structures.
The primary source of livelihood for most colonial Americans was?
colonial livelihood was mainly agriculture
The change from an agriculture based economy to an industry based economy is called?
industrialization
How was the colonial economies?
colonial economy was among the activities introduced by the intruders in in their colonies so as they can get raw materials to feed their industries in Europe. the components of colonial economy was agriculture, mining, industries,etc
List major components of the colonial economy of latin America?
Mining, Agriculture, and Shipping
How did trade and agriculture help build a strong economy in colonial new york?
by doing nothing
What was the economy of the Southern US States based on?
The economy of the US Southern States was based on agriculture. Cotton and tobacco were the main crops for decades, including colonial America to the present.
What WAS the colonial in South Carolina?
South Carolina had a policy of religious toleration; it even had a Sephardic Jewish community. Its economy was based on agriculture.
What was colonial Rhode Islands economy?
Type in, "What was colonial Rhode Island's economy?"
What type of economy did Georgia have?
Colonial Georgia had an economy based on agriculture. Main crops included sugar, rice, and indigo. Georgia was founded by James Oglethorpe in 1732.
Was the economy of the Middle Colonies characterized by plantation agriculture?
The economy of the Middle Colonies was not characterized by plantation agriculture. The Southern Colonies had an economy based on plantation agriculture.
What are the similarities between Philippine and Africa?
Similarities: Poverty. Corruption. Gun politics. Limited infrastructure in the countryside. Strong colonial history/influence in society. Agriculture-based economy. Proud people. <3
What were the method used in establishment of colonial economy?
Usedto establish colonial economy in afric
What was true about the plantation economy in colonial times?
It was a plantation economy that existed in colonial times
What did South Carolina trade?
The colonial South Carolina economy was based on agriculture and trade. The basically traded in agricultural produce and slaves who provided manual labor.
