1. Colonial Economy

2. Economic Diversity: -South= Agriculture -North = Commerce -Towns and cities develop along water

3. Economy Mercantilism –Economic policy –Europe –Way to get rich –Export more than you import Effect= Britain creates rules for colonial trade

4. Commerce and Immigrants (New England) Port cities –Boston –Immigrant population increases due to religious freedom and economic opportunities (German, Scotch-Irish, Dutch) –More towns in North than Southern colonies –Use town meetings to govern

5. New England Colonies Shipbuilding Fishing Smaller farms  self-sufficient

6. Middle Colonies’ Economy Diverse in people and business Less slaves –Shops, homes and farms

7. Middle Colonies’ Economy Farming –Wheat, barley, rye Commerce –Access to water –Shipping overseas –New York and Philadelphia

8. Southern Economy John Rolfe and tobacco –Virginia, Maryland, NC Plantations develop –Need for labor –Indentured servants Agree to work for landowner 4-7 years –slavery

9. Southern Plantation Systems Exported cash crops to make money Creates: (1) Large farms around rivers (2) Need for lots of labor (3) Wealthy class of plantation owners

11. Slave Trade First slaves were captured Native Americans African slave trade flourished by 1700s Slaves endured a harsh voyage: Middle Passage Widespread use in Southern colonies