Economic Growth Unit 5 Flashcards
1
Q
What were the primary economic activities of the early American colonists?
A
Agriculture, trade, and fishing.
2
Q
True or False: The colonists relied solely on agriculture for their economic growth.
A
False.
3
Q
Fill in the blank: The introduction of __________ significantly boosted the economy of the southern colonies.
A
tobacco.
4
Q
Which colony was known for its shipbuilding and trade due to its natural harbors?
A
Massachusetts.
5
Q
What role did the Atlantic slave trade play in the economic growth of the colonies?
A
It provided labor for plantations, especially in the southern colonies.