Although some New England farmers exported grain and livestock, many could barely feed themselves and their families because the poor soil made farming difficult. New Englanders therefore turned to alternative occupations. For instance, they engaged in trading with the West Indies, and developed fishing, small manufacturing, and shipbuilding industries.
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The Northern New England Colonies contributed to the economy through manufacturing, and the people that lived in the towns along the coast supported themselves and the economy through fishing, shipbuilding, and whaling. The soil in most areas of the New England Colonies wasn't of the same quality as the Middle and Southern Colonies. Because of this, instead of growing cotton and wheat, they planted a lot of squash, pumpkins, beans, and corn.
The often harsh climate and rocky soil meant that few New England farms could grow cash crops. Most farming families grew crops and raised animals for their own use. There was thus little demand for farm laborers. Although some people held slaves, slavery did not become as important to this region.
The economy in the British New England colonies centered around several areas of production. Here is some summary information regarding this:
A. Fishing was a large part of the NE Colonies;
B. Shipbuilding also was important;
C. Construction was a vital economic part of the NE Colonies;
D. Craftsmanship shops dealing with blacksmiths, copper cooking utensils, jewelry,
tailoring, newspaper jobs, and book publishing were vital parts of the growing economic base of the NE Colonies; and
E. Professional jobs in law, accounting and banking all helped the economy.
New England colonists mostly made their living from farming, fishing and a little fur trade.
Plantation
They had a diversified economy.
what is it based on slave labor
The slave economy was more leaning on the South rather than the Middle and the New England Colonies.
The New England colonies