Consumer Demand is one of many parts on why sugar was sucha crutial part to the society. From making into sweetener for tea, coffee, and chocolate as in document 4. Since then Sweet tea has became the most popular drink in the United Kingdom since sugar was used as a sweetener. Demand is basically wanting more sugar then anyone can need, to keep making products out of it. When the consumers were making the sugar cane and the fields, the more slaves they had, the more sugar produced and more money.
Jarrod Tasnady 9/20/14 Economics played a huge role in the establishment of European colonies in North America. From the beginning in settlements such as Jamestown and Plymouth went nearly extinct. They were saved by advancements in the economy. Due to agricultural discoveries farmers were able to produce a high demand in tobacco. This is what led to the establishment of not only Jamestown and Plymouth but as well as many other future settlements.
Generally, the agriculture production in this period saw a rise from the 74.5 million tonnes of grain harvested in 1913 (while Russia still operated under the Tsarist regime) to 97.1 million in 1940 [8] . This then had the effect of increasing industrial growth as there was more food to support the workers with. A lot of this grain was used for export purposes; this portrayed communist Russia as a rich and
The Transformation of the Virginia over the years greatly influenced and shaped the Virginia of today. Virginia was founded by the Loyal Company in 1624 as a royal colony and is named after the “Virgin Queen” which it what Queen Elizabeth queen of England was referred as. Jamestown, Virginia was founded as a business venture by Captain John Smith to make profit for the shareholders and it was also a hotspot for gold which was a highly profited item. The later development of tobacco as stated in Document B would be the main cash crop of Jamestown and would begin to provide a sorely needed economic base for the colony. Tobacco was the main source of the colony’s economical growth and was in great need of being produced.
This policy led to major developments in the colonies by maturing the highly potential ship building industry along harbors in the New England colony. However, this rather helped England establishing itself at the highest ranking for shipping overseas commerce in the world, thus resulting in the colonies with less overseas shipping power. In addition, England’s restrictions on trade to foreign nations resulted in a 1 to 1 trading environment overseas instead of multiple nations being involved in the ratio. These restricted goods included tobacco,
The 17th century Chesapeake and New England established themselves as hard working religious colonies that provided structure still seen in the States today. They both share many similarities regarding economy, and relationships with Native Americans, however they differ significantly in their societal structure, motives for settlement, and religion. Both the Chesapeake and New England colonies depended on trade as the basis of their economy. The Chesapeake economy was based on the tobacco industry; by 1680 it was exporting over 30 million pounds of the plant to overseas markets. Tobacco production not only helped the colony grow prosperous, it also created new opportunities for over 90,000 immigrants who moved to the colony as indentured servants.
The English, while still in Europe, adopted the idea of sugar plantations from Portuguese Brazil. They eventually migrated to America where they concentrated on Carolina, The Chesapeake, and New England. After learning about Brazil’s dependence on West African slaves, and their strict labor requirements, along with the inexpensive level of care West African slaves required compared to that of their indentured English counterparts, “economic rationality dictated that West Africans were the most profitable form of labor available.” Additionally, unlike indigenous servants, West African slaves would serve for life. The origins of slavery also were also brought about from European thinking from a biblical standpoint. Adam and Eve, whom it was believed that all of humanity descended from, were thought to be light-skinned by Europeans.
Maryland was originally established as a haven for Catholics, but eventually there were more Protestants than Catholics there too. The Economy in New England centered around trade because farming was difficult with rocky soil. The main staples were Fishing, Timber, Rum, some slave trade, and shipbuilding over seen by wealthy merchants. In the Southern Colonies it was the staple crops of Rice, Tobacco, and Indigo (before the revolution) and Cotton (after). These crops were grown on large plantations owned by wealthy white males and worked by African slaves.
Cotton was creating an insatiable appetite for slave labor; congress abolished the importation of slaves from Africa. "Now an already vibrant domestic slave-trade would flourish. In the upper South the selling of slaves became more profitable than the growing of tobacco5. By 1840 the value of cotton exports was greater than everything else the nation exported to the world combined! And that made slaves the most valuable thing in the nation beside the land itself.
In the north, there many promoted industry; shipbuilding industry had become the foremost industrial sector. Down in the south, plantation economy is a top priority to with goods of crops, such as tobacco and sugar cane, they mainly supply the European market. After the war against French, British government increased some unfair taxes in the colonists. "The war had saddled Britain with