Economy in New England
Founded by Puritans
Rocky soil, short growing season - lead to cattle raising, fishermen
Fish = (export commodity)
Manufactured Goods and RUM!
Economy in Middle Colonies
Rich soil, industrious families
Cash Crops: wheat, barley and rye
New York - Wheat exports replace fur trade
Manufactured Goods: guns, glass, clocks, iron
Dutch Fur Trade
Trading posts along Hudson
Fort Orange - Albany
Beaver Skins - very valuable
Rich families given estates called Patroons
1664 - English take over New Netherlands from unpopular Dutch governor Peter Stuyvesant
Economy in Southern Colonies
1612 - John Rolfe developed marketable tobacco
1720’s - Rice thrives in Carolina lowlands
Expanded plantations, acquired more slaves
Economy in South
1740’s - Indigo (blue dye) became most valuable commodity tobacco, rice
Eliza Lucas Pinckney - perfected strain of indigo grown in South