History of South America

How did the economies of New England and southern colonies differ?

New England colonies:

- Relied on shipbuilding, fishing, and small-scale farming

- Developed trading networks with Europe and the West Indies

- Thriving lumber industry

Southern colonies:

- Relied on the production and export of cash crops, such as tobacco, rice, and indigo

- Developed large-scale plantations that used enslaved labor

- Dominated by a planter aristocracy and a cash crop economy