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The Colonial Economy
Beginning of paper
One economic historian describes the situation in South Carolina in this way: "Rice and indigo transformed the Carolina Low Country in much the same way that sugar had led to basic changes in the West Indies. White workers would not willingly endure the hard and disagreeable labor involved in the production of rice and indigo....During the two dec ....
Middle of paper ....veral decades their survival depended on imported goods, and they were unable to export enough to pay for them.. A century after colonization began in the North American English colonies, they had developed an economy based on the export and imports between themselves and Europe and the Caribbean. New York ultimately became the center of this comme.... |
Word count: 3290 |
Page count: 12 |
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