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The early economy of New York was based on trade oriented primarily towards the West Indies. The primary exports were wheat, breads and flour. These were produced from small farms in New York, New Jersey and Connecticut.
These products were needed in the hot tropical areas of the West Indies. As New York grew, there was a continuation of the Dutch fur trade and eventually as the city and "colony" grew, so did its economic power. The port of NY was ideal and offered better access to the Atlantic Ocean. Before long, more farm products, light manufacturing, finance, publishing and hand crafts emerged as an important part of New York's economy.
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What was the cash crop or basis of colonial New York's economy?
Grain was the cash crop of New york.:]
What was the economy like in Colonial New York?
The economy wasn't at all like today's economy. Mostly Colonial New Yorkers were farmers and sold cash crops, tobacco, and lumber for money.
What form of economy dominated colonial New York?
Colonial New York's ecomnomy was dominated by harbors which stimulated commerce and the growth of seaports, not to mention that New York was also involved in fur trade
What was the economy of New York in colonial times?
McDonalds was a big contibutor to the economy of new york. Knowing people immigrated to the U.S. for the burgers and fries, the economy revolved around the BIG MAC.
How did trade and agriculture help build a strong economy in colonial new york?
by doing nothing
What was the economy like in New York?
The economy wasn't at all like today's economy. Mostly Colonial New Yorkers were farmers and sold cash crops, tobacco, and lumber for money.
What were good things about colonial new York?
New York, as a middle colony, but very close geographically to New England, had a great economy based on ship building and trading.
What were some contributions of Colonial New York?
What were some contributions of Colonial New York
What were taxes like in colonial New York?
Everyone was taxed in colonial new york. :)
What was the economy of the New York colony?
The economy of the colony of New York was an agriculture economy.
Does New York have a flag?
Colonial New York does.
How did colonial new york get its name?
Colonial New York was named after the King of England's brother, the Duke of York.
