Chapter 4 Flashcards
What was the main economic activity in all colonies?
Agriculture
What is subsistence farming?
Subsistence agriculture is self-sufficiency farming in which the farmers focus on growing enough food to feed themselves and their families. …
What is commercial agriculture?
They are participating in commerce, thus the name “commercial farming.”
Why did New England farmers practice subsistence farming?
. The soil is also rocky and not a favorable for growing. The soil was more favorable in the southern and middle colonies.
What were the two main industries of the New England colonies?
Grain mills, sawmills, and shipbuilding
What is the triangular trade?
a multilateral system of trading in which a country pays for its imports from one country by its exports to another.
What was the name of the slave transporting leg of the Triangular Trade?
The first leg of the triangle was from a European port to Africa, in which ships carried supplies for sale and trade, such as copper, cloth, trinkets, slave beads, guns and ammunition. When the ship arrived, its cargo would be sold or bartered for slaves.
Where was the hub of the shipping trade in America?
New England.
What is a cash crop?
a crop produced for its commercial value rather than for use by the grower.
What were the two main cash crops of the Middle Colonies?
tobacco, indigo, cotton, and rice
Which colonial region was known for its diverse population of German and Scotch-Irish citizens?
North America
What was the main cash crop in Virginia and Maryland?
Tobacco
What was the main cash crop in Georgia and South Carolina?
Tobacco
What did rice and tobacco have in common (why slaves were used to harvest them)?
These crops required labor
What is supply and demand?
the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.