Q:
What Was the Economy Like in Colonial New York?
A:
Quick Answer
Colonists in New York made their living in a variety of ways, including fur and lumber trading, shipping, the slave trade and farming. By the end of the 17th century, New York was a prosperous colony with a thriving mercantile network.
Continue ReadingFull Answer
During the colonial times, New York was part of New England. Its overseas trade was mostly with England, whose growing population required large supplies of products that were limited in its territory. While the colony existed to enrich England, an internal trading system existed as well, mostly functioning as a barter system between neighbors and small cities located close to New York.
Learn more about US HistoryRelated Questions
-
Q:
How Was Life in Colonial New York?
A: Overall, life in colonial New York was prosperous, with a mix of nationalities, booming businesses and a variety of amusements and entertainment. However, ... Full Answer >Filed Under: -
Q:
What Was New York Originally Called?
A: Until 1664, New York was known as New Amsterdam because of the arrival of Dutch settlers. In 1664, the area of New Netherlands, containing New Amsterdam, w... Full Answer >Filed Under: -
Q:
What Are Some Facts About the History of New York?
A: New York became an official state on July 26, 1788, following the ratification of the U.S. Constitution. Its first governor was George Clinton, and Albany ... Full Answer >Filed Under: -
Q:
What Were the Natural Resources of Colonial New York?
A: Some of the natural resources of Colonial New York included fur, timber and fertile agricultural lands. The colony of New York was part of the middle colon... Full Answer >Filed Under:
