How did the economy impact the livelihood of the 13 original colonies? open study?

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11-04-2017
Business

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How did the economy impact the livelihood of the 13 original colonies? open study?

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HomertheGenius HomertheGenius · Answer 1 · 2017-04-14T14:51:54+02:00

Before the foundation of the United States, the Kingdom of Britain owned the 13 colonies on the East shore of North America. Those colonies were separated into 3 regions: the New England, the Middle Colonies, the Southern Colonies. Economic activities and trade was dependent of the environment in each of those regions. Economy in the New England : ship building industry, fishing, trade. Economy in the Middle Colonies: farming, lot of jobs for skilled workers. Also merchants invested money in colonies. In the Southern Colonies: cotton and tobacco-industry. The economy impact the livelihood of the original 13 colonies by giving jobs and money to the colonists.