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The Economy in the New England, Southern, and Middle Colonies.

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Presentation on theme: "The Economy in the New England, Southern, and Middle Colonies."— Presentation transcript:

1 The Economy in the New England, Southern, and Middle Colonies

2 Agriculture Industry Commerce Professionals in the New World

3 Agriculture-South Crops Labor

4 Agriculture-Crops Subsistence Cash

5 Agriculture-Labor Contract Labor Involuntary Servitude

6 Agriculture-Labor- Contract Labor Redemptioners Indentured Servants

7 Agriculture-Labor- Involuntary Servitude Slave Trade Legal Status Working Conditions Living Conditions Transferal of Culture

8 Industry-New England Local Crafts: The Putting Out System Fishing Shipbuilding Naval Stores

9 Commerce-Middle Colonies Problems Prospects

10 Commerce- Problems Pirates and Privateers Smuggling Scarcity of Specie Paper Money vs. Barter Unfavorable Balance of Trade with Great Britain

11 Commerce- Prospects Good Natural Harbors Triangle Trade Routes Exports in Demand Favorable Balance of Trade with the West Indies

12 Professionals in the New World Preparation for the Clergy Entrance into the Medical and Legal Professions Preparation for Teaching


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