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Economy of New England Colonies

Updated: 8/19/2023
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9y ago

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In the 17th Century, New England's economy was just getting started. There were several companies that sent men and women to New England to work in the logging industry in the late 1500's. Many of the men did not do the work they were asked to do, so the companies did not prosper at first.

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9y ago
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9y ago

The economy of the New England colonies depended on their locations. Towns that were along the coast had an economy based on fishing, whaling, and the building of ships. Those people that were inland had an economy based on farming. The New England colonies were Massachusetts, Rhode Island, Connecticut, and New Hampshire.

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11y ago

The colonies were based on mercantile practices in which the dependency (13 colonies) could only trade with their lord (King Geroge/Britain) this prevented american goods from reaching continental Europe while giving public britain a monopoly over them.

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12y ago

the economy in the new England colonies are small farms , lumbering, fishing, ship building, and trade.

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10y ago

The economies of New England vary greatly depending on the specific location. Coastal areas thrive on fishing and imports while inland areas are focused on manufacturing and agriculture.

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13y ago

Cash crops, Farming and Trade.

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