.. The service sector
Farmers and other lower class individuals. Due to the northern industrialization period a middle class was created causing the economy to begin to prosper
middle class
The affect that geography had on the economy of the middle Colonies was to help the economy. Farming was the main source of the economy and the fertile soil, and Natural Resources aided the Middle Colonies economy.
Well, trade was greatly reduced, so there was no big economy. Most manors produced their own goods, and were very isolated.
middle class
Greatly
The group that benefited most from the 1950s economy and culture in the United States was the white middle class. Economic prosperity, fueled by post-World War II growth, led to rising incomes, suburban expansion, and increased consumerism, primarily benefiting white families. Additionally, societal norms and government policies often marginalized minority groups, limiting their access to the same economic opportunities and cultural participation enjoyed by the white middle class. This period solidified economic and social inequalities that would persist in subsequent decades.
The economy of the Middle Colonies was not characterized by plantation agriculture. The Southern Colonies had an economy based on plantation agriculture.
The three regions of the American colonies—New England, the Middle Colonies, and the Southern Colonies—benefited from slavery in various ways. The Southern Colonies relied heavily on enslaved labor for their large-scale agricultural production, particularly in cash crops like tobacco, rice, and cotton, which drove their economy. The Middle Colonies utilized enslaved people for farming and skilled labor, contributing to the growth of cities and trade. In New England, while less dependent on slavery, the region still benefited indirectly through the trade of enslaved people and the profits from goods produced in slave-dependent economies.
The middle class was the one that rises greatly in power during the Industrial Revolution.
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A Two Tier economy is an economy consisting of the have and the have nots, " the middle class is obsolete.