New England Colonies Their economy was based on fishing, farming, and shipbuilding.
A bonus answer is that their farming soil was rocky, and hard but not that bad.
Farming was difficult in New England because of the rocky soil. Most New England farms and homes were surrounded by rock walls, as there was nothing else to do with the rocks once they were cleared from the land for farming. Most of the crops consisted of grains, corn, squash, beans, nuts, and fruits. The farms were small family farms, nothing commercial. Whaling was an important economic activity. Fishing and trade were also important. There was also some ship building and supplying supplies for ships.
... Small farms, seaports, and skilled labor
nothing so... how you doin? ;)
corn
tobacco
wheat
I believe that Alexander Hamilton had set up the sound economic system, basing it largely of England's economic system. (feel free to add or change)
Demand and loss
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
a. competition
Scarcity
The basis of the economy and settlement in the north american colonies of France and England were
Whereas religion was the basis of life and government in the Northern colonies, the lack of religion in the Southern colonies provided the basis for agriculture.
who were in the wealthy class in England before the beginning of the industrial revolution, and what was the basis of thier wealth
what was the basis of the french economy in north america
The basis of the economy in the Southern American colonies was tobacco and cotton exports. As the colonies expanded westward, and later when much of the South was part of the USA, cotton exports expanded. There was demand for cotton in England as well as in the New England textile mills.
Religion was the basis for government as well as private life.
I believe that Alexander Hamilton had set up the sound economic system, basing it largely of England's economic system. (feel free to add or change)
Its trading empire.
They were trading colonies, and therefore the basis of their prosperity.
The northern colones were much more focused on religion. Their entire basis was religious tolerance. The southern colonies were created much more on a basis of making money. Families often immigrated together to the new England area to settle. In England only the eldest son in a family would inherit anything. Tihis caused alot of younger sons to travel to the southern colonies in search of gold. Many of the people who would go to the southern. Colonies weren't worried about the settlement, and were only interested in personal gain. Many who use return to England once they had made some money.
agriculture
Demand and loss