Chapter 4 Flashcards
What was the main economic activity in all colonies?
Farming
What is subsistence farming?
Producing enough meet the needs of the family
What is commercial agriculture?
Crops produced to make a profit
Why did New England farmers practice subsistence farming?
Because of long harsh winters and rocky soil
What were the two main industries of the New England colonies?
Fishing and ship building
What is the triangular trade?
A system in witch slaves, crops, and manufactured goods were traded between Africa, the Caribbean, and The American colonies
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 can 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?
The 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
Very labor intensive
What is supply and demand?
Supply and demand controls the price of crops