1. Colonial Economy
An Overview

2. Agriculture 90% of economy Crops varied from one geographical
region to next

3. New England Colonies Massachusetts Rhode Island Connecticut
New Hampshire

4. Economy in New England Founded by Puritans
Rocky soil, short growing season - lead to cattle raising, fishermen
Fish = (export commodity)
Manufactured Goods and RUM!

5. Middle Colonies
New York
New Jersey
Pennsylvania
Delaware

6. 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

7. Dutch Fur Trade Trading posts along Hudson Fort Orange - Albany
Beaver Skins - very valuable
Rich families given estates called Patroons
English take over New Netherlands from unpopular Dutch governor Peter Stuyvesant

8. Southern Colonies Maryland Virginia North Carolina South Carolina
Georgia

9. Economy in Southern Colonies
John Rolfe developed marketable tobacco
1720’s - Rice thrives in Carolina lowlands
Expanded plantations, acquired more slaves

10. Economy in South
1740’s - Indigo (blue dye) became most valuable commodity tobacco, rice
Eliza Lucas Pinckney - perfected strain of indigo grown in South

11. Triangular Trade From Colonies to Europe - Rum, tobacco, lumber, etc.
From Europe to Colonies - Manufactured goods
From Colonies to Africa - rum and guns
From Africa to Caribbean - slaves
From Caribbean to Colonies - sugar, slaves
From Colonies to Caribbean - flour, fish, etc.