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A plantation economy is an economy based on agricultural mass production, usually of a few commodity crops, grown on large farms worked by laborers or slaves. The properties are called plantations. Plantation economies rely on the export of cash crops as a source of income.
The colonies developed prosperous economies based on the cultivation of cash crops, such as tobacco, [3] indigo, [4] and rice. [5] An effect of the cultivation of these crops was the presence of slavery in significantly higher proportions than in other parts of British America.
Once the Georgia experiment was formally abandoned, the colony quickly caught up to the regional neighbors in the acquisition of slaves. A decade after the repeal, Georgia boasted one slave for every two free persons, and slaves made up about one-half of the colony's population on the eve of the American Revolution. [16]
Slaves brought their African knowledge which aided the development of rice and indigo growing. The diversifying of agriculture was key to avoid economic slumps that could have resulted from the fluctuating tobacco prices. The slaves also completed the trading process known as Triangle trade. The south and Chesapeake's point of the triangle ...
At the beginning of Reconstruction, Georgia had over 460,000 freedmen. [1] In January 1865, in Savannah, William T. Sherman issued Special Field Orders, No. 15, authorizing federal authorities to confiscate abandoned plantation lands in the Sea Islands, whose owners had fled with the advance of his army, and redistribute them to former slaves.
One described in the Anti-Slavery Bugle in 1843: "Hamburg, South Carolina was built up just opposite Augusta, for the purpose of furnishing slaves to the planters of Georgia. Augusta is the market to which the planters of Upper and Middle Georgia bring their cotton; and if they want to purchase negroes, they step over into Hamburg and do so.
This was the first area that developed plantations for cash crops of tobacco, rice and indigo. Later, cotton, and hemp became important cash crops, as well. Planters would import large numbers of Africans as slave labor. The coastal areas of the Old South were dominated by wealthy planters, who controlled local government. [citation needed]
A social event held by slaves in Surinam. John Rolfe, a settler from Jamestown, was the first colonist to grow tobacco in North America.He arrived in Virginia with tobacco seeds procured from an earlier voyage to Trinidad, and in 1612, he harvested his inaugural crop for sale on the European market. [2]