Chapter 4 Flashcards
What is subsistence farming?
Producing just enough to meet immediate needs
What was the main economic activity in all colonies?
Farming
What is commercial agriculture?
When large amounts of crops are produced to make a profit
Why did New England farmers practice subsistence farming?
Farms in NE were smaller than those in the south
What were the two main industries of the New England colonies?
Shipbuilding and fishing
What is the triangular trade?
Trade route between three destinations
What were the main items traded in the Triangular Trade?
Sugar, molasses, and slaves
What was the name of the slave transporting leg of the Triangular Trade?
Middle passage
Where was the hub of the shipping trade in America?
New England
What is a cash crop?
Crops that could be sold in markets
What were the two main cash crops of the Middle Colonies?
Wheat and oats
Which colonial region was known for its diverse population of German and Scotch-Irish citizens?
Middle Colonies
What was the main cash crop in Virginia and Maryland?
Tobacco
What was the main cash crop in Georgia and South Carolina?
Rice
What did rice and tobacco have in common (why slaves were used to harvest them)?
Very labor intensive so slavery increased
What is supply and demand?
Controls the prices of crops