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Colonial Economy

TermDefinition
Economy The production, consumption, and distribution of goods and services.
Production Making
Consumption Buying
Distribution Selling
Services An action performed to help someone.
Goods Any material item that you can feel or hold.
N.E. Common Jobs Ship building, timber, fishing
Middle Common Jobs Staple crops (wheat, barely, oats), trading
South Common Jobs Cash crops (rice, indigo, tobacco)
Common Jobs (general) Trapping, fur trading, small farming, making household items (such as soap, candles, and clothes)
Slave A person forced to work against their will for life with no pay.
Indentured Servant A person who agrees to work 4-7 years in exchange for their voyage being paid for.
Created by: 18clickm
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