Colonial Economy: Farming, Trade, and Crafts

The colonial economy in North America was diverse and included farming, trade, and crafts. In New England, small farms produced crops for local markets, while the Middle Colonies became known for their rich agricultural production, including grains like wheat.

Trade flourished as colonists exchanged goods such as furs, tobacco, and rum with Europe and the Caribbean. Artisans and craftsmen, such as blacksmiths and carpenters, contributed to the economy by creating tools and furniture, fostering a sense of community and self-sufficiency.