Economic Differences in the United States (1500-1870)

What was a primary economic activity in the New England colonies?

• Tobacco farming

• Rice cultivation

• Shipbuilding

• Cotton farming

How did slavery primarily impact the economy of the southern colonies?

• It discouraged technological advancements in agriculture.

• It provided a labor force for large-scale agricultural production.

• It led to a diversified economy.

• It encouraged urbanization and industrial development.

What was a significant economic effect of westward expansion in the United States?

• Decrease in land value

• Increase in trade with European countries

• Growth of the fur trade and mining industries

• Decline in agricultural production

How did the Industrial Revolution impact the economy of the northern United States?

• It led to a decline in manufacturing.

• It increased dependence on agriculture.

• It spurred urbanization and the growth of manufacturing.

• It reduced the labor force in cities.

What was a key economic disparity between the North and the South before the Civil War?

• The North had a more diverse economy with manufacturing, while the South was primarily agricultural.

• The South had a larger manufacturing base than the North.

• The North relied heavily on slave labor for agriculture.

• The South was more urbanized than the North.

What were the economic consequences of Manifest Destiny in the 19th century?

• Decreased interest in territorial expansion

• Stagnation of the agricultural sector

• Increased trade barriers between states

• Expansion of the market economy and increased settlement

Which colony region was known for its diversified economy including farming, lumbering, and shipbuilding?

• Southern Colonies

• Middle Colonies

• New England Colonies

• Western Territories

How did the geography of the Southern Colonies affect their economy?

• It led to a focus on manufacturing.

• It encouraged the development of large plantations.

• It promoted the growth of the fishing industry.

• It facilitated trade with Native American tribes.

What role did the cotton gin play in the economy of the South?

• It decreased the demand for slave labor.

• It led to a decrease in cotton production.

• It significantly increased cotton production and revitalized slavery.

• It encouraged the South to diversify its economy.

Which factor contributed to the economic growth of the North during the Industrial Revolution?

• The availability of slave labor

• The abundance of cotton fields

• The development of transportation networks like canals and railroads

• The decline in European immigration