The major economy of the Southern Colonies was agriculture, represented by massive plantations of cotton, rice, indigo and tobacco. Slavery played an important part in the economy of the Southern Colonies, as African sla... More »

The climate was mild and warm in the southern colonies, and this type of climate was suitable for growing several kinds of cash crops. The soil was fertile and allowed for the cultivation of rice, tobacco and indigo, whi... More »

The landforms in the middle colonies included mountains, rivers forests and the Atlantic coastline. These landforms shaped the economy and culture of the middle colonies. More »

People in colonial Georgia and the other Southern colonies made a living exporting tobacco, furs, indigo, rice and farm products. Colonial work was generally related to agriculture and farming, with top exports including... More »

Turkey's economy is mostly a free-market economy that is driven by its industry, service and agriculture sectors. Its estimated gross domestic product GDP purchasing power as of 2013 is 1.167 trillion. More »

www.reference.com World View Social Sciences Economics

A main characteristic of a traditional economy is its basis in fishing, hunting, gathering and agriculture. Other characteristics of a traditional economy are its guidance by traditions and its use of bartering instead o... More »

www.reference.com World View Social Sciences Economics

A custom-based economy, also known as a traditional economy, is an economic system that is based on combinations of either agriculture, fishing, hunting or gathering. The economic system heavily relies on customs and tra... More »