jan 1, 1840 - The Economy: New England, Middle Colonies, Southern Colonies (CUL, WXT)
Description:
Do to the colonies producing such large quantities of goods. England came to a point where half of their world trade came from the colonies. They also limited the products that the colonies could make such as flour or rum do to the problem of the colonies conflicting with their own industries. As the communities in the colonies grew increasing numbers of people became teachers, ministers, lawyers, and doctors. If someone wanted to work hard enough it was possible to make it big and work your way up the social ladder. New England had long winters and rocky soil, therefore farms in this area were usually for subsistence farming. People in this area mostly relied on logging, ship building, trading, and fishing. In the Middle colonies, there was an abundance of rich soil that produced corn and wheat. Therefore farms of up to 200 acres were family common in this area; they usually had indentured servants and other manufacturing developments such as iron-making began to be prominent in this area. Finally, due to the Southern colonies varied geography many people lived on small subsistence farms while others lived on 2,000 acre plantations. The main crop grown was tobacco, but other crops such as Indigo, rice and timber were also produced.
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