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how did Connecticut earn money

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How much money did merchants make in the 1700s?

Around 200-400 pounds a year.


What was the economy of Connecticut like in the 1700s?

it was the worst economy that ever happened to man kind jk


How did people make money in the 1700s?

In the 1700s, people made money in a variety of ways depending on their social class, location, and profession. Here are some common ways people made money during this time: Agriculture: Many people in the 1700s worked in agriculture, either as farmers or farm laborers. They would grow crops, raise livestock, and sell their products in local markets. Trades: Craftspeople, including blacksmiths, weavers, and shoemakers, earned a living by creating and selling their goods. Commerce: Merchants, traders, and shopkeepers made a living by buying and selling goods. They would often import goods from other countries and sell them in local markets. Fishing: People living near water bodies like rivers, lakes, and oceans made a living by fishing and selling their catch. Transportation: Cart drivers, stagecoach drivers, and sailors made money by transporting people and goods from one place to another. Services: Domestic servants, including maids and cooks, were employed by wealthy households. Physicians, lawyers, and other professionals also provided services for a fee. Mining: Miners extracted precious metals and minerals from the earth, which could be sold for a profit. Slavery: Sadly, many people made money through the buying and selling of enslaved individuals and exploiting their labor. It's important to note that the ways people made money in the 1700s varied greatly depending on their location, social status, and economic circumstances. my recommendation : ʜᴛᴛ ᴘꜱ://ᴡᴡᴡ.ᴅɪɢɪꜱᴛᴏʀᴇ24.ᴄᴏᴍ/ʀᴇᴅɪʀ/372576/ᴀʀᴀᴠɪɴᴅʜʀᴀᴊ1512/


How was the economy in Pennsylvania in the 1700s?

Pennsylvania was very wealthy in the 1700s. In fact Pennsylvania was one of the wealthiest in America at the time because of Penn's policies.


What was the economy like in Connecticut in the 1700's?

In the 1700s, Connecticut's economy was primarily agrarian, with farming as the backbone of its rural communities. The state's fertile land allowed for the cultivation of crops such as corn, wheat, and tobacco. Additionally, shipbuilding and trade were significant, particularly in coastal towns like New Haven and New London, which engaged in commerce with other colonies and overseas. The economy also benefited from the development of small manufacturing and crafts, contributing to a growing merchant class.