The economy was (in the 1700's[the official colony of Georgia had not been established until 1732, becoming the last of the original 13 colonies]) mainly based off plantations (growing both indigo and rice). Slavery didn't come until James Orglethorpe took away the ban on slavery due to constant complaints from the settlers. Cotton didn't come until later, when the cotton gin was invented (1793).
People made livings as blacksmiths, silversmiths, tailors, pottery makers, and farmers.
The farmers grew cotton, indigo, rice and tobacco and they traded and exported all the things that they grew.
Up to 1750, the colony was producing silk to send back to England. This was not profitable. The Trustees running Georgia, gave the territory back to King George II. From that time on, they cultivated rice and indigo (mushrooms). Later, they would cultivate the sugar cane crops. Prior to 1750, slavery and possession of rum was illegal in Georgia. When the founder and Governor of Georgia, James Edward Oglethorpe, left Georgia, slavery became legal in that colony.
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It was a plantation economy that existed in colonial times
Significance of agriculture in colonial economy was that it created food security and boosted trade
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Type in, "What was colonial Rhode Island's economy?"
Usedto establish colonial economy in afric
It was a plantation economy that existed in colonial times
the Georgia Aquarium funded by Home Depot cofounder, Bernie Marcus
Significance of agriculture in colonial economy was that it created food security and boosted trade
The features of Africa colonial economy is that most of the countries inherited the structures from the colonialists.
Colonial economy activities in history includes growing rice,tobacco, and raising livestock.
It helped boost the economy growth. ^^ Thank you so much. The Study Island's ''official answer'' is: It provided funds that helped boost the economy. I hope this helped!
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A capitalist economic system is what supported the colonial economy. This meant that the economy was built upon people who could capitalize off of it.