Economically the North and the South were similar in a few ways. “Squatting was a way of life among the …show more content…
For example the economy for the North is commerce as quoted: “The key economic fact about colonial New England was that it was an area fitted by nature for commerce rather than agriculture.” While the economy for the South the opposite: “Plantations dominated the economy of the tidewaters; small farms flourished in the back country of Virginia and the Carolinas.” This meaning that the North’s economy did not run through agriculture, rather it ran through commerce which was the exact opposite of the Souths plantations based economy. Just the geographic location alone with the North not being as suited for agriculture as the South is separates the economy of which both regions are capable of. The type of food and products that were exported from each area was also different. The North had corn, oats, barley, rye, buckwheat, fruits, vegetables, dairy products, sheep, horses cattle, and swine while the South had naval stores, wheat, corn, furs, deerskin, flax, hemp, fruit, livestock, iron, and lumber. Both the North and South used these items to be involved in trade and grow their economies but they had different products that they were trading. Due just to the geographical location and climate differences aloud each area to have different items they were able to obtain and sell to make money for a better economy. The economic purpose and use of the land was the difference in economy between the North and