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The New England Colonies economy was based on items they could export. Farming, fishing, and building ships were all exportable and important to their economy.

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11y ago

New England colonies economy was first based on exporting grain and live stock, but since the soil was so poor it made farming difficult. Since the lands soil was poor it made it hard to feed themselves and their families. Since it was going bad in their farming New Englanders therefore turned to alternatives occupation. New Englanders started to trade with the West Indies while developing fishing, small manufacturing, and shipbuilding.

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The New England Colonies economy was based on items they could export. Farming, fishing, and building ships were all exportable and important to their economy.

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Q: What was the economy of the New England colonies based on?
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Related questions

What was the New England Colony based on?

The economy in the New England colonies was based on the forests and the oceans!


What was the economy of the New England colonies based?

what is it based on slave labor


Why was the New Bedford Massachusetts important to the economy of the New England Colonies?

The economy of New England was based in trade and commerce. New Bedford was a port from which goods could be shipped and unloaded.


On what natural resources was the new England economy based?

The New England economy is based on products from the forest and the sea


On what natural resource was the New England economy based and the southern economy and what industries developed?

The New England economy was based on products from the forests and the southern Economy was based on farming.


What type of economy did new england colonies have?

Plantation


What natural resources was the New England economy based?

The New England economy was based on products from the forests and the southern Economy was based on farming.


What were benefits for the New England colonies?

Final prosperity from the economy


Economy of New England Colonies?

In the 17th Century, New England's economy was just getting started. There were several companies that sent men and women to New England to work in the logging industry in the late 1500's. Many of the men did not do the work they were asked to do, so the companies did not prosper at first.


Describe the economy in the New England Colonies?

The often harsh climate and rocky soil meant that few New England farms could grow cash crops.


How did the the New England colonies end up on the 17th century?

They had a diversified economy.


The economy of the New England colonies was centered around?

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