THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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colonists developed an economy based on trade, shipbuilding, and fish
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colonists developed large plantations to grow tobacco
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settlers rushed to New England to mine for gold
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None of the above
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Detailed explanation-1: -The soil was rocky, which made farming difficult. The New England colonies had very harsh winters and mild summers. This made the growing season only about five months long. Because the soil was rocky and the climate was often harsh, colonists in New England only farmed enough to feed their families.
Detailed explanation-2: -New England had thin, rocky soil that was hard to farm, so they relied on other resources. They developed an economy based on fishing, shipbuilding, trading, whaling, and skilled labor.
Detailed explanation-3: -The first ships were built for fishing, but trade was also conducted by water, which eventually led to the real demand in shipbuilding. Shipyards rose up all along the coast of New England. The abundance of timber and lumber made shipbuilding cheap in the colonies.
Detailed explanation-4: -Economics in the colonies: Colonial economies developed based on each colony’s environment. 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.