Lesson 80 of 84 · Colonization
⭐ 30 XPColonial Economy: Farming, Trade, and Crafts
The colonial economy in North America was diverse and included farming, trade, and crafts.
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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.
Key Facts
Farming, trade, and crafts were key aspects of the colonial economy.
The Middle Colonies were known for producing grains like wheat.
Artisans played an important role by creating tools and goods.
Check Your Understanding
Question 1
1 of 2What crop was commonly produced in the Middle Colonies?
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