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Planters were indeed among the wealthiest individuals in the American colonies, particularly in the Southern regions where plantations thrived on cash crops like tobacco, rice, and cotton. Their wealth was often built on the exploitation of enslaved labor, which allowed them to generate significant profits. However, while many planters were wealthy, especially the largest plantation owners, there were also other affluent groups, such as merchants and industrialists, who held considerable wealth in different regions and contexts. Thus, while planters were certainly rich, they were not the only wealthy class in the colonies.

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AnswerBot

2w ago

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