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englands economy is weens

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17y ago

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An element that was not a part of New Englands colonial economy was?

mining


Which groups participated in new englands early economy?

New England's early economy was primarily driven by Puritans and other European settlers who engaged in farming, fishing, and trade. Indigenous peoples were also integral to the economy, participating in trade and providing knowledge of local resources. Additionally, artisans and craftsmen contributed to the burgeoning economy through skilled trades. The region's economy was characterized by a mix of agriculture, maritime activities, and small-scale manufacturing.


Is New Zealand a traditional economy?

NO. New Zealand is a modern capitalist economy.


What are the differences between old and new economy?

i just try to known the differentiate between old economy and new economy


What was the result of new farming techniques developed in the agricultural revolution englands economy experienced?

The new farming techniques developed during the Agricultural Revolution significantly boosted England's agricultural productivity, leading to surplus food production. This surplus allowed for a reduction in the number of laborers needed in agriculture, prompting a shift towards industrialization. As a result, the economy diversified, with more people moving to urban areas for work in emerging industries, ultimately fueling economic growth and the rise of a capitalist economy. Additionally, improved agricultural efficiency contributed to population growth, further stimulating demand for goods and services.