16

Lesson 16 of 84 ยท Colonization

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Colonial Economy: Farming, Trade, and Crafts

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The colonial economy was diverse, combining farming, trade, and craftsmanship.

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Then & Now

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The colonial economy was diverse, combining farming, trade, and craftsmanship. In New England, rough soil led to small farms, while in the Middle Colonies, fertile land supported larger farms and grain production. The Southern Colonies thrived on cash crops, but all colonies engaged in trade with one another and with Europe. Artisans and craftsmen, such as blacksmiths and carpenters, played essential roles in the communities, creating goods that supported local economies and daily life.

Key Facts

1

The colonial economy included farming, trade, and craftsmanship.

2

New England had small farms, while the Southern Colonies focused on cash crops.

3

Artisans and craftsmen were vital to local economies, making goods for communities.

Timeline

1776

The Declaration of Independence is signed

1787

The U.S. Constitution is written

1791

The Bill of Rights is ratified

Check Your Understanding

Question 1

1 of 2

What was a key characteristic of the colonial economy?

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