How did people make money in colonies educational sites

Although it was started for religious reasons, as the Massachusetts Bay Colony developed and grew more populated, the people needed to find a way to sustain their new life in America. Southern colonies were able to make money by growing cotton, tobacco and other agricultural products, but these crops did not flourish in the north. Although it took several years for the colonists in Massachusetts to start making money, they eventually developed several trades that proved to be very successful. The Massachusetts Bay Colony primarily made money through shipbuilding, fishing, fur, and lumber production. The things produced in Massachusetts were Become a Study. Try it risk-free for 30 days. Watch 5 minute video clips, get step by step explanations, take practice quizzes and tests to master any topic. I love the way expert tutors clearly explains the answers to my homework questions. Keep up the good work! Log in. Sign Up.

Presentation on theme: «Colonial Economies Economy: how people make and spend money.»— Presentation transcript:

A shortage of money was a problem for the American colonies. England did not supply its colonies with sufficient coinage and prohibited them from making their own. The early settlers brought coins from Europe but they went quickly back there to pay for supplies. Without enough money, the colonists had to barter for goods or use primitive currency such as Indian wampum, nails, and tobacco. In time, some Spanish, Portuguese and French coins appeared in the colonies as a result of trade with the West Indies. The most famous of these was the Spanish Dollar , which served as the unofficial national currency of the colonies for much of the 17th and 18th centuries. With its distinctive design and consistent silver content, the Spanish dollar was the most trustworthy coin the colonists knew. In , Massachusetts challenged England’s ban on colonial coinage. The colony struck a series of silver coins, including the Pine Tree Shilling.

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All Pine Tree shillings were dated , though they were produced for many years. Therafter, that way, if England ever found out about this illegal coinage, Massachusetts could claim it had not made any coins since When the colonies did not have metal to coin, they frequently used paper money. Most colonial notes were «bills of credit» notes meant to be redeemable in coin. Colonial paper money rarely lasted very long because the colonies generally issued too much of it and the resulting inflation made the bills worthless.

Massachusetts Bay Colony:

The Thirteen American Colonies. They were used to doing many things themselves and not depending on other people for much. Some of these people came to New England to make money, but they were not the majority. The people who founded the Middle Colonies were looking to practice their own religion Pennsylvania mainly or to make money. Many of these people didn’t bring their families with them from England and were the perfect workers for the hard work required in ironworks and shipyards. The founders of the Southern Colonies were, for the most part, out to make money. They brought their families, as did the New England colonists, and they kept their families together on the plantations. But their main motivation was to make the good money that was available in the new American market. Economy The New England Colonies were largely farming and fishing communities.

Asked in Colonial America How did most people earn a living in the southern colonies? If you were a plantation owner! They made a living by buying and selling, slaves, indiogo, tobacco, plantations. All Rights Reserved. The southern states had more farms and on the farms worked slaves and the farmers made money off of selling the slaves and the slave’s labor. Ivanka Trump’s sister-in-law breaks with the family. Background Info By the mid s the 13 colonies had been founded By over a million Europeans called the English colonies their home That. People just sold it to make money in the 13 colonies. Later, in this will make the difference in the outcome of the civil war. Plantations could have thousands of acres.

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The people in the middle colonist made money by selling and trading things. About project SlidePlayer Terms of Service. Labor on large farms was done by slaves imported from Africa. Slaves had eites rights at all. Presentation is loading. Mostly shipbuilders. Whenever you hear the words «southern colonies,» you should automatically make the connection that they were made up of rural and agricultural-based communities. To make this website work, we log user data and share it with processors. They made a living by buying and selling, slaves, indiogo, tobacco, plantations. Grammys CEO threatens to ‘expose’ academy. Most people were either fishers or shipbuilders. The American colonies south of Maryland were predominantly agricultural, with the two dominant crops being cotton and tobacco. Share buttons are a little bit lower.

We think makw have liked this presentation. If how did people make money in colonies educational sites wish to download it, please recommend it to your friends in any social. Share buttons are a little bit lower. Thank you! Published by Darleen Ellis Modified over 4 years ago. Small subsistence farms where just enough was grown to feed the family.

Catch was salted to preserve it and exported to Europe. Ships were used in trade with England and other countries. Other educatoinal bought New England ships. Lumber was a big industry. Lumber is a raw material. Furniture is an example of a finished product. Raw materials sent from colonies to Europe.

Finished products sent to Africa in exchange for slaves. Slaves sent to colonies. Farming was the main occupation. Wheat, oats, corn and barley were grown. These grains are used to make bread. Grist mills ground grain into flour, which was used to make bread.

Grist edducational were powered by water wheels. Excess flour was sold to people in other colonies. Iron pots and pans, glassware, furniture. Conestoga wagons were important in settling the ddid. They brought with them many different religions, languages, and cultures. The Quaker influence led to a spirit of toleration in the Middle Colonies.

Slavery was uncommon in the Middle Colonies. The Southern Colonies were a paradise. If you were a plantation owner! This made growing cash crops very profitable. Labor on large farms was done by slaves imported from Africa.

Slaves were considered property and not people. Slaves had no rights at all. Plantations folonies have thousands of acres. Plantations were almost entirely self-sufficient. Omney everything they needed was made on the plantation. Colonial Ways of Life. The Thirteen Colonies. Background Info By the mid s the 13 colonies had been founded By over a million Europeans called the English colonies their home That. Similar presentations. Upload Log in. My presentations Profile Pepole Log.

Log in. Auth with social peopoe Registration Forgot your password? Download presentation. Cancel Download. Presentation is loading. Please wait. Copy to clipboard. Presentation on theme: «Colonial Economies Economy: how people make and spend money. Download ppt «Colonial Economies Economy: how people make and spend money. New England. About project SlidePlayer Terms of Service. Feedback Privacy Policy Feedback. All rights reserved.

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When is Thanksgiving? Colonizing America: Crash Course US History #2

New England Colonies, Public Schools: In the New England colonies, since most people lived how did people make money in colonies educational sites the towns, there were enough people to support a public school. Families helped to support the schools with firewood, money, food, produce, and fish. The children of families who could not afford to give firewood or something else to support the school and its teachers had to sit in the back of the room,as far away from heat as you could. Kids were taught reading, writing, and arithmetic. But, children went to church schools rather than public schools, so they were also taught religion based on the church school they attended.

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If you couldn’t afford to pay for your child’s education, then you couldn’t. Children were not treated any differently whether their parents paid for their education or not.