1. Do Now
Finish summaries we started yesterday in class
15 minutes

2. Agrarian Society

3. Agrarian Society
society whose economy is based on producing and maintaining crops and farmland
America began as a colony of England (mercantilism) with the sole purpose of providing exports for England
Tobacco, Indigo, rice, timber etc.
Farming culture
Make a living through farming
Economy based on goods produced from farming
Inventions focused on improving farming

4. Subsistence v. Plantation Farming
Subsistence: make enough for you and your family
Most American families
Plantation Farming: mass produce one crop to sell or trade later for the others things you need
Wealthy land-owners/ contracts from England

5. Barter Economy
Trading things grown on your farm for goods/services from someone else
Ex: trade cotton for tobacco or trade a cow for harvesting help
What are some potential problems with this system?

6. Barter Activity Directions:
Item Key
Corn
bushel
Cotton
bale
Squash
barrel
Sugar
pounds
Oxen 1
Rice
Cow
labor
1 day
Beans
bag
Tobacco
slaves
people
Directions:
Using your trading sheet barter for the items you need.
Keep track of what items you are giving and what items you are receiving for them (Barter Tracker)
You will have 20 minutes to get what you need!!!

7. Wednesday Discussion
What are the pros and cons of this kind of economic system?
What would you do to improve this system?
Is there potential for growth?
Is this system ideal for a large growing nation?