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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.
Slavery in Georgia is known to have been practiced by European colonists. During the colonial era, the practice of slavery in Georgia soon became surpassed by industrial-scale plantation slavery. The colony of the Province of Georgia under James Oglethorpe banned slavery in 1735, the only one of the thirteen colonies to have done so.
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.
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.
In contrast, the primary focus of a plantation was the production of cash crops, with enough staple food crops produced to feed the population of the estate and the livestock. [2] A common definition of what constituted a plantation is that it typically had 500 to 1,000 acres (2.0 to 4.0 km 2 ) or more of land and produced one or two cash crops ...
British plantation owners in North America and the Caribbean also needed a workforce for their cash crop plantations, which was initially filled by indentured servants from Britain before transitioning to Native American and West African slave labor. [87] During this period, the English established colonies in Barbados in 1624 and Jamaica in ...
A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm . The term is used to differentiate a marketed crop from a staple crop ("subsistence crop") in subsistence agriculture , which is one fed to the producer's own livestock or grown as food for ...