The New England economy was based on products from the forests and the southern Economy was based on farming.
New England colonies economy was first based on exporting grain and live stock, but since the soil was so poor it made farming difficult. Since the lands soil was poor it made it hard to feed themselves and their families. Since it was going bad in their farming New Englanders therefore turned to alternatives occupation. New Englanders started to trade with the West Indies while developing fishing, small manufacturing, and shipbuilding.
TThe New England colonies were based on Furs, Timber, Ships, and fish. there were many things
they developed an economy based on farming
what is it based on slave labor
Maryland also depended heavily on tobacco. They bought goods like furs from the Indians, and sold it to merchants, who later sold it in England.
industrialization
With the switch to coal, England became the largest salt producer in the world. This was due to the ability to heat hot water which could then be used to turn the salt into brine, and extract it in a more economical way than classic salt mining. Therefore, England's conversion to a coal-based economy ultimately eliminated the need for the English to import salt.
The New England economy is based on products from the forest and the sea
they developed an economy based on farming
The New England economy was based on products from the forests and the southern Economy was based on farming.
Canada's economy based on the industries associated whit these resources
Canada's economy based on the industries associated whit these resources
timber,tobacco and cotton
"A resource-based economy, dependant on harvesting or extracting natural resources for sale or trade."
Canada's economy based on the industries associated whit these resources
tabcoo ,indgo, lumbed.
Colombia is considered a developing country with a mixed economy. The country has made progress in recent years in areas such as infrastructure, healthcare, and education, but it still faces challenges including income inequality, rural poverty, and internal conflict.
Canada's economy based on the industries associated whit these resources
traditional economy: resources are allocated based on custom and traditionmixed economy:resources are allcoated based on mixed informtion given.command economy: resources are allocated by the government or other central authoritymarket economy: resources are allocated by individualsCommusim