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In his preface to Jürgen Osterhammel's Colonialism: A Theoretical Overview, Roger Tignor says "For Osterhammel, the essence of colonialism is the existence of colonies, which are by definition governed differently from other territories such as protectorates or informal spheres of influence."
These plantations played a large role in developing the Northern economy in opposing lines from the plantation-based economy of the American South. Compared to the large-scale cash crop plantations which underpinned the Southern economy, plantations in New England were small-scale, and meant mainly for subsistence purposes rather than profit ...
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
The local economy in the Balls and southern colonies was characterized by the headright, the right to receive 50 acres (200,000 m 2) of land for any immigrant who settled in Virginia or paid for the transportation of an immigrant who settled in Virginia (51.342 acres (207,770 m 2) per head).
The Middle Colonies consisted of the present-day states of New York, New Jersey, Pennsylvania, and Delaware and were characterized by a large degree of religious, political, economic, and ethnic diversity.
The New Map of Africa (1900–1916): A History of European Colonial Expansion and Colonial Diplomacy (1916) online free; Hopkins, Anthony G., and Peter J. Cain. British Imperialism: 1688–2015 (Routledge, 2016). Mackenzie, John, ed. The Encyclopedia of Empire (4 vol 2016) Maltby, William. The Rise and Fall of the Spanish Empire (2008).
Colonization (British English: colonisation) is a process of establishing occupation of or control over foreign territories or peoples for the purpose of cultivation, exploitation, trade and possibly settlement, setting up coloniality and often colonies, commonly pursued and maintained by, but distinct from, imperialism, mercantilism, or colonialism.
The Southern Colonies could produce tobacco, rice, and indigo in exchange for imports, whereas New England's colonies could not offer much to England beyond fish, furs, and lumber. Inflation was a major issue in the economy.