In the 17th Century, New England's economy was just getting started. There were several companies that sent men and women to New England to work in the logging industry in the late 1500's. Many of the men did not do the work they were asked to do, so the companies did not prosper at first.
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The economy of the New England colonies depended on their locations. Towns that were along the coast had an economy based on fishing, whaling, and the building of ships. Those people that were inland had an economy based on farming. The New England colonies were Massachusetts, Rhode Island, Connecticut, and New Hampshire.
the economy in the new England colonies are small farms , lumbering, fishing, ship building, and trade.
The economies of New England vary greatly depending on the specific location. Coastal areas thrive on fishing and imports while inland areas are focused on manufacturing and agriculture.
The economy in the New England colonies was based on the forests and the oceans!
The often harsh climate and rocky soil meant that few New England farms could grow cash crops.
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tobacco harvesting.
The economy of New England was based in trade and commerce. New Bedford was a port from which goods could be shipped and unloaded.