USA HISTORY

Detailed explanation-1: -Also, because the New England colonies were along the coast, many colonists fished. The fishing industry included whaling and cod, among other types of fish. Whale oil was an important resource that was used as fuel for lamps and could also be sold.

Detailed explanation-2: -The New England colonies had rocky soil, which was not suited to plantation farming, so the New England colonies depended on fishing, lumbering, and subsistence farming. The Middle colonies also featured mixed economies, including farming and merchant shipping.

Detailed explanation-3: -American ships carried products such as lumber, tobacco, rice, and dried fish to Britain. In turn, the mother country sent textiles, and manufactured goods back to America.

Detailed explanation-4: -New England’s economy was largely dependent on the ocean. Fishing (especially codfish) was most important to the New England economy, though whaling, trapping, shipbuilding, and logging were important also.

Detailed explanation-5: -Economy of the New England Colonies: Since the soil in New England was poor and the growing season was too short to grow many crops, besides corn, beans and squash, the New England colonies had to rely on other ways to make money, primarily through fishing, whaling, shipbuilding and rum making.