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A plantation can be described as an economic unit because it's a large organization of farming that's self sufficient. It may not be entirely self-contained but it has a reduced economic impact outside the plantation.

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Q: How was the plantation an economic unit?
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How was plantation an economic unit and a social unit?

A plantation can be described as an economic unit because it's a large organization of farming that's self sufficient. It may not be entirely self-contained but it has a reduced economic impact outside the plantation.


Middle colonies economic development?

Plantation


Plantation owners controlled the economic and political life in?

Southern colonies


Distinguish between domestic and international finance?

Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.


What is surplus economic unit?

An economic unit having access of funds and wants to lend his funds


In the first half of the 19th century what was the economic specialty of the South?

Plantation farming **farming


What group controlled economic and political life in the southern colonies?

Planters


The characteristic unit of western agriculture was a?

A family farm or owner-operated plantation


What was the most significant cause of the economic struggles of the New South?

The south had become to dependant on the plantation system.


Did all the southern colonies eventually came to rely on staple crop plantation agriculture for their economic prosperity?

true.


What has the author Manindra Kumar Singh written?

Manindra Kumar Singh has written: 'Economics of banana plantation' -- subject(s): Bananas, Economic aspects, Economic aspects of Bananas


What has the author Eugene Dominic Genovese written?

Eugene Dominic Genovese has written: 'The significance of the slave plantation for Southern economic development'