New England
New England’s economy developed around the water and land resources available to the colonists. Massachusetts’ bay and harbors, enabled colonists to develop a thriving ocean-based economy. Fishing, shipbuilding, and whaling made the colony prosperous. The economy of New England also centered around the use of forest products. Since the soil in New England was too rocky to farm, colonists used timber from the forests for building houses, ships, and tools. Timber was also exchanged for manufactured goods in Europe. Shipping and shipbuilding supported a lively economy with a diverse assortment of businesses in New England.
Middle Colonies
The economy in the Middle Colonies prospered due to the location along major rivers. Rivers and
New England’s economy developed around the water and land resources available to the colonists. Massachusetts’ bay and harbors, enabled colonists to develop a thriving ocean-based economy. Fishing, shipbuilding, and whaling made the colony prosperous. The economy of New England also centered around the use of forest products. Since the soil in New England was too rocky to farm, colonists used timber from the forests for building houses, ships, and tools. Timber was also exchanged for manufactured goods in Europe. Shipping and shipbuilding supported a lively economy with a diverse assortment of businesses in New England.
Middle Colonies
The economy in the Middle Colonies prospered due to the location along major rivers. Rivers and