Colonial America Land ► ► Land was the greatest economic asset of the colonies, North and South Land was distributed in different ways in different regions § In New England, township grants were awarded to groups who petitioned to settle a specific area, ranging form 4 to 8 square miles ► ► all members of the town could use the common to graze livestock each household was also assigned strips of farmland outside of town § In Middle Colonies (except NY) individual land grants were easy to obtain ► farms of 100-200 acres were common in colonial NJ and Penn. § In Chesapeake, headright system initially accounted for land distribution ► system began when the Va. Co. offered 50 acres of land to each immigrant who paid their way over, or for each person who paid the way of someone else § system was abolished in Md. in 1683 & Va. in 1715 § In NY and the Carolinas, large land grants were awarded to individuals, often court favorites, who could then do with the land what they wished ► Landownership important for economic advancement, social position, and political participation § by the Revolution: ► ► ► 70% of white males in Virginia owned land 75% " " " " N. Car. "" " 86% " " " " S. C. "" " § These numbers compare favorable with the North, where about 75% of white males owned land at the time Common Agriculture and Industry ► Agriculture dominated all of the American colonies § Colonists adopted Indian crops, and crop-raising techniques ► ► Indian corn (maize) was the staple domestic foodstuff in all the colonies colonists also raised other indigenous crops § peanuts, pumpkins, squash, tomatoes, peppers, watermelons, potatoes potatoes (white and sweet), and various berries § Colonists also added a number of European staples: ► wheat, barley, rye, oats, carrots, garlic, onions, cabbages, radishes § Asian crops—rice and hemp—were also planted widely in areas. ► Livestock important in all the colonies § most farmers had milk cows, beef cattle, hogs, and some fowl § Livestock was raised for both domestic consumption and export ► ► ► barreled pork was an exportable commodity in most colonies sheep raised as a source of both wool and meat beef was prepared fresh for domestic use and salted for export ► Almost every colonist engaged in a certain amount of home industry ► Craftsmen and artisans established themselves in colonial towns § spinning, weaving, making soap and candles, carpentry, beer/cider making § Occasionally home industries provided families with goods they could trade or sell § cobblers, blacksmiths, rifle makers, cabinetmakers, silversmiths, printers Southern Colonial Economy ► Plantations § Large farms which produced crop for overseas market ►produced cash crops—tobacco, rice, sugar, indigo, § worked by indentured servants or slaves ►1000s of acres, 100s of slaves ► Non-Agricultural Economic Activities § mining, timber, and skin/fur industries § Merchants and craftsmen in Southern cities Northern Colonial Economy ► Agriculture § Small farms developed—subsistence farming § Modest cash crops—livestock, apples, and corn ► Industry § Extractive industries ► Furs, lumber, fish, minerals § Shipbuilding § Iron ► Iron Act (1750) § restricted colonists from engaging in metal processing Obstacles to Colonial Industry ► British mercantilist policies § Navigation Acts, Iron Act, Woolen Act, Hat Act ► Inadequate labor supply ► Inadequate domestic market ► Inadequate infrastructure Colonial Commerce ► Obstacles to trade: § No commonly accepted medium of exchange § British policies ► Coastal trade § Colonies did business with one another § Traded with the West Indies ► rum, agricultural products, meat, and fish ► Sugar, molasses, and slaves in return. ► International to the WI trade § “The Triangle Trade” ► Rum and other goods from New England to Europe and Africa ► Manufactured goods from Europe to Africa and the Americas ► Slaves from Africa to the Caribbean ► Sugar and molasses from the Caribbean to North America Triangle Trade Mercantilism ► British sought to control colonial economy ► Navigation Acts, 1660 [continually modified until independence] ► Mercantilism/Navigation Act helped colonies in some ways: § get raw materials from colonies, sell colonies manufactured goods § All trade between England and her colonies must be carried in ships built, owned and manned (75%) by British subjects § “Enumerated articles” produced by colonists could ONLY be shipped to GB or other British colonies ► tobacco, sugar, hemp, cotton, naval stores all put on list by 1775 § All European goods to be imported into American colonies had to go through Britain first ► increased profits of English shippers ► taxes levied against non-British goods § § § Tobacco colonies (MD, VA) had monopoly over tobacco market in GB Government subsidies to producers of indigo, naval stores Exclusion of foreign competition allowed shipbuilders to develop and profit